$KITE / USDT — Downward Momentum

KITE is trading around 0.0853 after a sharp rejection from the 0.092–0.093 resistance zone. The 1H chart shows a clear bearish structure with consecutive lower highs and lower lows. Strong sell-side candles indicate aggressive distribution, and buyers are failing to defend short-term support.

Direction: Short

Entry Zone:

0.0860 – 0.0890

Targets:

TP1: 0.0820

TP2: 0.0785

TP3: 0.0740

Stop Loss:

Above 0.0935

Bearish bias remains valid while price stays below the 0.090–0.092 resistance area. Any minor pullback into this zone is likely to be sold, with downside continuation expected if selling pressure persists.

KITE

0.0875

-1.90%