【$KITE】Short, Volume-Price Divergence/Funding Rate Suppression/High-Position Distribution
$KITE Price surged to 0.2238 then buying pressure quickly exhausted. Latest 1-hour trading volume plummeted 73%, sell orders ratio rose to 52%. 4-hour MACD histogram contracted, bullish momentum weakened, while funding rate remains negative, indicating insufficient leverage long interest, selling pressure accumulating above.
🎯Direction: Short🛑Stop Loss: 0.2180⚡Entry: 0.2126 - 0.2140🚀Target: 0.2032🛡️Strategy: Exit in batches, guard against drawdowns.
View real-time chart 👇 $KITE
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