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Kite
$KITE /USDT BEARISH BREAKDOWN — PRICE SLIPPING TOWARD CRITICAL SUPPORT
KITE/USDT has entered a strong bearish phase after rejecting the upper resistance zone near 0.0916–0.0960 and dropping sharply toward the 0.0788–0.0752 support range. The continuous formation of lower highs (0.0960 → 0.0916 → 0.0873 → 0.0829) indicates strong selling dominance. With heavy volume on the downside and no meaningful bullish defense yet, the next move is likely to extend lower unless price reclaims 0.0829.
Trade Setup (Short Entry)
Short Entry: 0.0805 – 0.0825
Take Profit (TP):
TP1: 0.0770
TP2: 0.0752
TP3: 0.0725
Stop Loss (SL): 0.0860
Market Outlook
Momentum remains bearish overall, with sellers clearly in control. If 0.0752 breaks, KITE could see a deeper slide. Bulls need to push the price back above 0.0873 to shift momentum and attempt a trend reversal.
Hashtags
#KITE #CryptoAnalysis #BearishTrend #AltcoinMarket #TradingSetups $KITE
{spot}(KITEUSDT)
KITE/USDT has entered a strong bearish phase after rejecting the upper resistance zone near 0.0916–0.0960 and dropping sharply toward the 0.0788–0.0752 support range. The continuous formation of lower highs (0.0960 → 0.0916 → 0.0873 → 0.0829) indicates strong selling dominance. With heavy volume on the downside and no meaningful bullish defense yet, the next move is likely to extend lower unless price reclaims 0.0829.
Trade Setup (Short Entry)
Short Entry: 0.0805 – 0.0825
Take Profit (TP):
TP1: 0.0770
TP2: 0.0752
TP3: 0.0725
Stop Loss (SL): 0.0860
Market Outlook
Momentum remains bearish overall, with sellers clearly in control. If 0.0752 breaks, KITE could see a deeper slide. Bulls need to push the price back above 0.0873 to shift momentum and attempt a trend reversal.
Hashtags
#KITE #CryptoAnalysis #BearishTrend #AltcoinMarket #TradingSetups $KITE
{spot}(KITEUSDT)
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