$KITE just slammed into a wall at $0.151 🚨

Tried to reclaim the highs… got stuffed.

EMA zone rejection was loud, and sellers didn’t hesitate — bids got absorbed fast.

📉 Market structure just flipped

That rejection printed a clear lower high, opening the door for a move back toward the low $0.13s.

🎯 Short thesis • Entry: $0.1450 – $0.1480

• Stop: $0.1525 (invalidation is clean)

• Target: $0.1344 → extension toward $0.132

As long as price stays below the $0.152 swing high, this setup stays in play.

Daily close back above the zone? I’m out — no ego, no hope trades.

Momentum favors the downside.

Let the chart do the talking.

Short $KITE 👇🪂

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