$KITE / USDT — Downward Momentum

KITE is trading around 0.0896 after failing to hold above the 0.092–0.093 resistance zone. The recent rejection and strong bearish candle suggest short-term momentum is shifting bearish, with sellers gaining control on the 1H timeframe.

Direction: Short

Entry Zone:

0.0895 – 0.0915

Targets:

TP1: 0.0878

TP2: 0.0865

TP3: 0.0848

Stop Loss:

Above 0.0935

Bearish bias remains valid while price stays below the 0.092–0.093 resistance area. A minor pullback into this zone may offer better short entries, while continuation below 0.088 can accelerate the downside toward lower demand levels.