$KITE I’m leaning bearish. The upside resistance keeps getting chewed on but can’t break through; it feels very likely it’ll get pushed back to the lower support.



Shorts reference: enter at 0.1301-0.1334, first target 0.1205, then look toward 0.1115; set stop-loss at 0.1387. My risk rating is 7/10—not light.

That said, if it suddenly stands above 0.1330 on strong volume, then this bearish thesis is invalid—don’t stubbornly hold on.

$ETH $ALLO There’s also selling pressure on the downside, so don’t chase too aggressively. Position sizing depends on your own account—never go all in.
KITE8.13%
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