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$KITE – Fading the Relief Rally, Going Short KITE
Trade Setup: Short $KITE
• Entry Zone: 0.148 – 0.155
• Target 1: 0.138
• Target 2: 0.128
• Target 3: 0.115
• Stop Loss: 0.168
Price is showing a weak recovery into a key resistance area, suggesting the bounce lacks real strength. This looks like a temporary relief rally rather than a true reversal, making it a potential opportunity to ride the next move lower toward the listed targets.
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