⚠️ $KITE REVERSAL TRAP… BEARS TAKING CONTROL

Short $KITE

Entry: 0.1724 – 0.1760

SL: 0.1820

TP1: 0.1650

TP2: 0.1600

TP3: 0.1550

Price has faced a sharp rejection after hitting the 0.1794 high, leaving a significant wick that confirms heavy selling pressure at the top. The current 1H candle shows that the initial bullish momentum has lost its strength, and buyers are now getting trapped at these higher levels.

The current structure suggests a correction as momentum shifts back to the downside. If price continues to hold below the 0.1760 resistance, we expect a move to fill the liquidity below and retest the 0.1550 support zone. The trend is turning bearish—trade smart, ride the momentum, and keep earning! 🔥

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