$KITE – Bounce pushing into resistance, starting to lose momentum here

Trading Plan Short $KITE

Entry: 0.168 – 0.178

SL: 0.187

TP: 0.158

TP: 0.145

TP: 0.130

The bounce managed to extend higher but the move is beginning to fade around this zone. Buyers tried to keep pushing, though the follow-through is weakening and the structure is turning more choppy. Instead of continuation higher, price is starting to stall into resistance, and when momentum cools off like this it often leads to a pullback as sellers step back in.

Trade $KITE here 👇

KITE
KITEUSDT
0.16616
+4.55%