$KITE is showing a weak corrective bounce inside a dominant bearish trend
Strong rejection from 0.1537 followed by impulsive sell-off to 0.1306 confirms bearish control; current bounce is capped below EMA25/EMA99, indicating a dead-cat bounce rather than trend reversal.
🎯 Entry zone: SHORT 0.1365 – 0.1395
TP1 0.1320, TP2 0.1280, TP3 0.1225
🛑 Stop Loss 0.1445
Trend remains bearish while price stays below 0.140; selling rallies offers superior R:R than counter-trend longs.