$KITE is currently trading at $0.0795 consolidating within a tight range. The pair is exhibiting classic compression behavior after a recent dip from the 24-hour high.
My assessment: KITE is at a critical inflection point. The close alignment of the EMA(7) and EMA(25) signals a potential breakout is imminent. Buyers are defending the $0.0785–0.0790 region, and a sustained hold above $0.0795 could trigger a swift move toward the 24-hour high.
T1: 0.0815
T2: 0.0832
SL: 0.0765
KITEUSDT
Perp
0.07755
-6.57%
