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$KITE is strongly rejecting at resistance — short pressure builds ⚠️
The price rejection at this resistance zone is clear. Each attempt to push the price higher is sold off faster than the previous attempt. The upward momentum fades, and sellers take control with rising trading volume.
This scenario appears to have signs of a sharp downward move if the current levels are broken. The risk-to-reward ratio from here looks suitable for a short trade if you’re quick.
Will you enter now or wait for confirmation?
Not financial advice. Always watch your risk.
#KITE #ShortSetup #Resistance #Bearish #Crypto