$KITE failed to sustain above its intraday resistance near $0.078 and is now showing clear rejection wicks, indicating fading bullish momentum. Price is testing lower supports again, and a breakdown below $0.074 could trigger stronger downside continuation.

Trade Setup:

• Entry Range: $0.0750 – $0.0760

• Target 1: $0.0730

• Target 2: $0.0710

• Target 3: $0.0690

• Stop Loss (SL): $0.0782

Bearish pressure dominates unless bulls reclaim the $0.078 resistance. Any bounce could face quick rejection — favoring short positions with tight risk control.

KITEBSC
KITEUSDT
0.0932
+28.32%