$KITE /USDT BEARISH SETUP 🚨📉

Current Price: 0.0847 USDT

📊 Technical Analysis:

$KITE/USDT is showing bearish pressure after failing to hold above the 0.0886 resistance. The momentum is pointing downward with the current price near key support zones.

⚡ Key Levels:

Resistance: 0.0886, 0.0917

Support: 0.0825, 0.0806, 0.0771

💼 Trade Setup:

Position: Short 🛑

Entry: 0.0845 – 0.0850

Targets (TP): 0.0825 / 0.0806

Stop Loss (SL): 0.0880

⚖️ Risk Management:

Keep risk <2% per trade, adjust SL according to volatility, and never over-leverage.

🔥 Market Sentiment: Bears are dominating; watch for break below 0.0825 for extended downtrend.