$KITE /USDT is at a critical moment right now.
Price is trading around 0.0810 after a sharp rejection from the 0.0857 high. Sellers stepped in fast, but the move has slowed as price sits just above the 0.0808 support zone. This level is important. It’s acting as the line between a bounce and deeper continuation.
On the short timeframe, price is below the 7 and 25 moving averages, showing short-term weakness, while hovering near the 99 MA, which often attracts reactions. Volume has cooled after the sell-off, suggesting panic selling is fading and the market is waiting for direction.
As long as 0.0800–0.0808 holds, a relief bounce toward 0.0825 and then 0.0850 remains possible. A clean break below 0.0800 would open the door toward the 0.0780 daily low.
This is a patience zone. The next few candles decide whether KITE resets higher or slides further before the next real move. Stay sharp.
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