$KITE Bearish Continuation 🧊
Entry Zone: $0.215 – $0.225
Stop Loss: $0.250
Targets:
TP1: $0.190
TP2: $0.185
TP3: $0.170
Why: Dead cat bounce failed at $0.22 after -26% drop momentum firmly down with next support near $0.15 . Elevated funding rates and OI suggest crowded longs facing liquidation pressure .
Trade $KITE 👇
