$KITE ‌ is moving exactly how we expected, but nobody is talking about what happens next.

Price just hit a major roadblock near 0.30 and got rejected hard. We've dropped about 11% today, and it looks like it's hunting for a place to rest.
The level to watch right now is 0.18. It held up as strong support earlier in February, so if it touches that area, I'm looking for a bounce. If it slices through that, we might be heading back to the 0.15 zone where the big volume lives.
Sellers are definitely in control at the moment with 53% on the ask side. I’m staying patient and waiting for the bleeding to stop before even thinking about an entry.

#GateSquare$50KRedPacketGiveaway