$KITE has recently shown a small stair-step rebound—the current price is hovering around 0.0945, sticking close to the short-term moving average but hasn't touched the 99-hour moving average yet (around 0.1026), so the current trend is in a tug-of-war between bulls and bears.
Looking for a breakout signal? It depends on whether it can decisively break above the 0.098 to 0.100 range. Once that's taken, theoretically, there's a chance to challenge the previous highs at 0.102 or even 0.12. On the downside, 0.090 is the first line of defense, with stronger support at the 0.0885 swing low.
The trading volume is quite interesting—there are occasional buying spikes, but overall performance is inconsistent. To confirm a bullish continuation, the key is whether the price can strongly break through that 99-hour moving average; otherwise, this rebound may just be a mid-term correction. In the short term, this tug-of-war near the current price level is likely to continue for a while.
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$KITE has recently shown a small stair-step rebound—the current price is hovering around 0.0945, sticking close to the short-term moving average but hasn't touched the 99-hour moving average yet (around 0.1026), so the current trend is in a tug-of-war between bulls and bears.
Looking for a breakout signal? It depends on whether it can decisively break above the 0.098 to 0.100 range. Once that's taken, theoretically, there's a chance to challenge the previous highs at 0.102 or even 0.12. On the downside, 0.090 is the first line of defense, with stronger support at the 0.0885 swing low.
The trading volume is quite interesting—there are occasional buying spikes, but overall performance is inconsistent. To confirm a bullish continuation, the key is whether the price can strongly break through that 99-hour moving average; otherwise, this rebound may just be a mid-term correction. In the short term, this tug-of-war near the current price level is likely to continue for a while.