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🚨 $KITE - Selling pressure is rising and the main support is facing a real test 🚨
📍 Entry zone: 0.1245 – 0.1260
🎯 First target: 0.1220
🛑 Stop-loss: 0.1295
The price is currently testing a demand zone that has held several times before — but this time, momentum strongly favors the sellers. The 10–20x leverage range in this short-term scenario points to a strong conviction that a reversal is likely.
Trading volume is increasing on smaller timeframes, and the zone is beginning to show signs of weakness. With three profit targets stretching as far as 0.1150, the bearish picture becomes clearer.
Will you short from this level, or will you wait for a clear break below support?
⚠️ Not financial advice. Always manage your risk.
#kite #ShortSetup #Bearish #Breakdown #Crypto