$KITE USDT Premium Market Update Fresh Breakdown Alert
Coin Name: KITE
Price: 0.0805
24h Change: -8.94 percent
Sentiment: 59.88 percent Buyers vs 40.12 percent Sellers
KITE USDT has come under strong selling pressure today. The price slipped directly from the top of 0.0841 to touch a fresh low of 0.0804. The market is clearly following a downtrend where short-term MAs also show bearish alignment.
Buyers' quantity is high, but the price action is weak — meaning buyers are attempting, but sellers are still in control.
Support Level
0.0795 to 0.0800
This zone is critical. A breakdown below this could push KITE further down.
Resistance Level
0.0826 to 0.0835
If a candle closes above this level, it will signal a short-term reversal.
Target
Short-Term Bounce Target: 0.0818 to 0.0830
If support holds, a quick recovery is expected up to this point.
Today's move is a clear signal of aggressive sellers, but strong buyer sentiment is also hinting at a possible bounce. Smart traders should closely track this zone.
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