$KITE – Bounce losing steam at resistance; short setup in play

The recent bounce has pushed into a clear resistance zone, but momentum is fading. Buyers attempted to extend the move, but follow-through is weak and price action is turning choppy—a typical sign of exhaustion. As upside momentum cools, the door opens for sellers to step back in and trigger a pullback.

Trading Plan: Short $KITE

· Entry: 0.168 – 0.178

· Stop Loss: 0.187

· Targets: 0.158 / 0.145 / 0.130

Trade $KITE here 👇

KITE

0.1527

-13.04%