$KITE IS BREAKING DOWN — SHORT SETUP WITH 1:3 RATIO 📉
Entry: $0.1245 – $0.1260 🔥
Target: $0.1220 → $0.1190 → $0.1150 🚀
Stop Loss: $0.1295 ⚠️
Price is pressing into a support zone that has held twice before but volume is now drying up on each retest. The 1H RSI just broke below 44 — the same level that preceded the last 8% drop. Sellers are stepping in early and bids are getting eaten.
With a clean 1:3 risk-to-reward on the first target, this setup doesn't come around often. Are you shorting here or waiting for a retest of the lower entry?
Not financial advice. Always manage your risk.
#KITE #ShortSetup #Bearish #Crypto
📉
Entry: $0.1245 – $0.1260 🔥
Target: $0.1220 → $0.1190 → $0.1150 🚀
Stop Loss: $0.1295 ⚠️
Price is pressing into a support zone that has held twice before but volume is now drying up on each retest. The 1H RSI just broke below 44 — the same level that preceded the last 8% drop. Sellers are stepping in early and bids are getting eaten.
With a clean 1:3 risk-to-reward on the first target, this setup doesn't come around often. Are you shorting here or waiting for a retest of the lower entry?
Not financial advice. Always manage your risk.
#KITE #ShortSetup #Bearish #Crypto
📉