$KITE Alert: Sharp Selloff in Play!
$KITE is feeling the heat, sliding to 0.0832 with a -4.15% drop. The 24h range shows the fight between buyers and sellers — high of 0.0907 versus a low flush at 0.0813. The bears are calling the shots right now.
Every bounce attempt is being smacked down, with volume spiking into red candles, signaling serious distribution. Lower highs and lower lows keep painting a bearish picture on the charts.
Key Levels to Watch:
🛡️ Support: 0.0815 – 0.0813 — buyers must defend here!
⚔️ Resistance: 0.0860 – 0.0900 — bulls need to break this to slow the decline.
Trend Check: The short-term momentum is clearly bearish. Bulls need to reclaim 0.0860 quickly or risk a deeper slide.
Trade Insight:
Bounce play? If 0.0815 holds, a minor move to 0.0860 is possible — but expect resistance.
Breakdown alert? Below 0.0813, the downside could accelerate fast.
Bottom Line: is under intense selling pressure. Buyers need to step up NOW at 0.0813, or the bears may extend their run.
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