Analyzing the $KITE chart reveals a period of localized consolidation following a sharp rejection from the $0.0901 level. The price is currently hovering around $0.0886, finding temporary support near the recent low of $0.0877. Momentum appears neutral as the RSI stabilizes, though the 99-period Moving Average remains a significant overhead resistance.
Market Sentiment Post
Seeing some choppy action on $KITE right now. After that rejection at $0.09, we're holding the $0.087 support level while the market breathes. Volatility is high, but the long-term case for AI-agent infrastructure remains solid. Watching for a clean break back above the MAs to regain bullish momentum. Stay patient; execution is everything.
Trade Specs:
TP (Take Profit): $0.095 – $0.10
Acid Test (Stop Loss): $0.084 – $0.082 (Recent support zone)
