$KITE is playing that quiet but dangerous game right now — the kind where impatience gets punished and patience gets paid.
Price is hovering around $0.0883, slightly red on the day (-0.9%), but the bigger story is what happened before this pause. $KITE bounced cleanly from the $0.084 lows and pushed all the way to $0.0889, showing strong short-term intent.
Technically, the structure is still constructive.
Price is holding above MA(7) ~$0.0879 and MA(25) ~$0.0868, while MA(99) near $0.0871 is acting like a rising floor. That tells you this pullback isn’t panic — it’s digestion.
This zone around $0.088–$0.087 is the decision point.
If buyers keep defending it, another attempt toward $0.0895 is very much on the table. A clean break above that, and momentum could wake up fast.
But if this level slips, don’t be surprised by a controlled retrace toward $0.086–$0.085 — not weakness, just the market resetting its breath.
