$KITE on the 4H timeframe remains in a clear bearish freefall structure.
0.303 → 0.258 → 0.233 → now 0.19 — consistent lower highs with sharp breakdown moves.
There’s no solid base or accumulation visible yet — only heavy selling pressure with weak relief bounces. The 0.189 level has been tested, and a clean breakdown below it could open the path toward the 0.175 / 0.160 liquidity zone. Attempting early reversals here carries high risk.
📉 Short Setup
Entry: 0.195 – 0.205
TP1: 0.180
TP2: 0.165
TP3: 0.150
SL: 0.225