$KITE - Lower High Rejection 🔴
Timeframe: 1H
Bias: Short 🔻
Leverage: 5x–12x (intraday momentum) ⚠️
Entry: 0.218 – 0.220 🟩
Stop: 1H close above 0.236 🛑
Targets: 0.200 → 0.180 → 0.165 🎯
Market Read: Price is struggling to sustain upside continuation, showing signs of distribution near the 0.22 region. Repeated failures to break higher confirm active supply. As long as 0.22–0.236 caps upside strength, downside liquidity at 0.20 and below remains the magnet. Break and hold above 0.236 invalidates the thesis. 📉
#KITE #Crypto #ShortSetup #Futures
KITEUSDT
دائم
0.22769
-7.04%