$KITE faced long liquidations at $0.2294, indicating downside pressure and forced selling. Support is near $0.218, with resistance around $0.240. If price fails to reclaim $0.240, further decline toward $0.205 and $0.190 is possible. Market sentiment is bearish short term. A strong bounce with volume could shift momentum, but structure currently favors sellers. Traders should avoid entering longs without confirmation of higher lows. Waiting for a breakout above resistance would provide safer bullish positioning.

$KITE

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KITE
KITEUSDT
0.15674
+10.47%