🚨$KITE Rebounds Strongly From Support 🪁📈
$KITE is showing signs of renewed bullish momentum on the 4H chart after defending the $0.19 support zone. The recent bounce has pushed price back above $0.20, suggesting buyers are regaining control after an extended correction from the $0.2501 peak.
📊 Technical Snapshot
• Price: $0.2088 (+8.52%)
• Strong recovery from the $0.1893 support area
• RSI(6): 75.9 — bullish momentum is accelerating
• Volume rising alongside price, supporting the breakout attempt
• Higher low structure forming on the 4H timeframe
🎯 Key Levels
• Immediate Resistance: $0.2130 - $0.2200
• Major Resistance: $0.2340 - $0.2501
• Support: $0.2000
• Strong Support: $0.1893
The latest move suggests bulls are attempting to reverse the recent downtrend. A breakout above $0.2130 could trigger further upside toward the $0.23-$0.25 zone, while holding above $0.20 keeps the bullish recovery intact.