❌ eating the
$KITE short loss, that one bit back
price ripped straight through the stop on a squeeze before it ever gave the trade room to breathe, then rolled over and drifted lower right where the short thesis wanted it to go
result: stopped out, -10.0%. i called this 4d ago near 0.1142.
stop sat too tight for a thin low cap that still gets unlock and news driven spikes, i paid for underestimating the whip before the real move
kite is back grinding under pressure from unlock supply and sitting close to where i got stopped out, the downside read still holds, i just paid tuition on the timing
size it your way. i'm not your advisor, i'm just showing my hand. levels on the chart.
original call: https://app.binance.com/uni-qr/cpos/346215653464881?r=OB9O0FEN&l=vi
$KITE #KITE #crypto