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$KITE 📉 – Bearish Setup on 4H
Current Price: $0.1925
Timeframe: 4H
$KITE is struggling to reclaim the $0.20 resistance and forming lower highs on shorter timeframes, signaling continued selling pressure.
🔴 Bearish Rejection Setup
If price fails to break above $0.200 – $0.205:
Entry: 0.190 – 0.198
Stop Loss: 0.210
Targets:
🎯 TP1: 0.175
🎯 TP2: 0.160
🎯 TP3: 0.140
A strong rejection candle near $0.20 increases the likelihood of a downside move.
🔻 Breakdown Confirmation (Stronger Signal)
If price breaks below $0.185 with volume:
Entry: 0.182 – 0.188
Stop Loss: 0.200
Targets:
🎯 0.170
🎯 0.150
🎯 0.130
Losing the $0.185 support could accelerate selling.
Key Levels:
$0.200 – Resistance
$0.185 – Breakdown Trigger
$0.160 – Major Support
Bias: Bearish below $0.20. Momentum favors sellers unless strong reversal volume emerges. Manage risk carefully.
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$TURTLE showing a strong bullish bounce from the $0.040 support, forming higher lows on the 1H timeframe.
Price is now trying to flip $0.042 into support. As long as $0.040 holds, upside momentum remains valid.
🔹 Entry: $0.0405 – $0.0415
🔹 Stop Loss: $0.0388
🔹 TP1: $0.0435
🔹 TP2: $0.0460
🔹 TP3: $0.0490

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#Rakhi
#LOrealNewExOilxNunew
#RTAinJapan
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