$KITE
"Watching KITE/USDT closely as it hits a major Monthly/Weekly Liquidity Zone.
While the trend looks strong to retail eyes, from an SMC perspective, we are seeing signs of institutional distribution at these highs. My daily bias is shifting toward Bearish as I expect a liquidity sweep followed by a structural shift.
Key Observations:
HTF Liquidity Tap: Price has reached a significant supply area on the higher timeframes.
Bias Shift: Anticipating a reversal soon as the 'Smart Money' starts offloading positions.
Execution: Waiting for a lower timeframe (LTF) confirmation to confirm the bearish entry."