Watching $KITE today felt like tracking a token that’s trying to catch its breath after a long run. The chart shows a clear drop from the recent 0.1027 level, and that correction wasn’t soft at all. Candles broke below every short-term moving average, and you can literally see momentum slowing with each attempt to bounce. Even though price touched 0.0903 earlier, buyers did step in — not aggressively, but just enough to keep the chart from drifting lower.
This kind of structure usually shows exhaustion rather than panic. The volume spike during the drop suggests forced exits, but the steady low-volume consolidation that followed feels more like a “let me stabilise first” moment. When tokens behave like this, I personally don’t chase; I wait to see if the next candles create higher lows. If that happens, the sentiment flips surprisingly fast.
Right now, $KITE is in a cool-off phase, not a collapse. A bit of patience usually reveals the next direction. @KITE AI
