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$KITE – Showing Signs of Weakening
Trade Setup: Short $KITE
• Entry Zone: 0.1575 – 0.1585
• Target 1: 0.1550
• Target 2: 0.1510
• Target 3: 0.1470
• Stop Loss: 0.1605
After a recent push higher, KITE struggled to maintain ground above the 0.1580 level, pointing to a possible short-term pullback. Price behavior around this zone indicates selling pressure may be building. A rejection at the entry range would serve as confirmation for the downside move.
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