$KITE

I’m watching price after a sharp push up into resistance and a clear rejection. Momentum slowed, sellers stepped in, and structure is now shifting short term.

Trade Plan (Short)

Entry Zone: 0.0845 – 0.0855

Targets:

• T1: 0.0830

• T2: 0.0818

• T3: 0.0805

Stop Loss: 0.0868

Why this works

I’m shorting into a rejection zone after an impulsive move up. Price failed to hold the high, printed bearish candles, and volume cooled after the spike. This is a classic pullback after exhaustion where price usually retraces to previous demand. Risk is tight, structure is clear, and the move favors sellers if resistance holds.

$KITE

KITEBSC
KITE
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