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#KITE
The upward momentum of $KITE is weakening, and sellers seem to be regaining control.
Go short on $KITE now.
Entry: 0.20200 – 0.20400
Stop loss: 0.21100
First target: 0.19956
Second target: 0.19500
Third target: 0.18307
The buying pressure behind the price increase has failed to sustain, and buyers appear powerless at higher levels. The MACD has formed a death cross, accompanied by decreasing trading volume, which is a classic top reversal signal. This indicates that the upward momentum is waning, selling pressure is building up, and a downward correction is likely to occur as long as sellers maintain dominance.
Trade $KITE opportunity 👇 here