🚨 $KITE : Peak Rejection - Short Setup Ready for Profits! 📉

Plan trade: Short 🔴

Entry Zone: 0.084 - 0.086

Take profit:

🎯 TP1: 0.082

🎯 TP2: 0.0805

🎯 TP3: 0.079

Stop loss: 0.0885

KITEUSDT

Perp

0.0834

-2.92%

🔥 Technical Analysis:

On the H1 and 15m charts, $KITE is showing clear weakness after repeatedly failing to break the resistance near 0.091. Price has now crossed below the H1 EMA(10), EMA(25), and EMA(50) cluster ($0.0842 - $0.0853), confirming that bears are in control. RSI is maintaining a downward trend below 50, supporting a continued correction towards lower support levels.