$KITE is showing a strong rebound from the 0.084–0.085 demand zone, signaling active buyer interest after the recent pullback. Price has reclaimed the short-term MA(7) and is now testing the MA(25) near 0.089–0.090, which acts as an important decision level.
Upside: A sustained hold above 0.090 can open room toward 0.093–0.095, where previous selling pressure appeared.
Downside: Failure to stay above 0.087 may bring a retest of 0.085 support, which remains a key structure level.
Momentum is improving but confirmation is still needed. Holding above moving averages favors continuation, while rejection near resistance suggests short-term range trading. Stay patient and let price confirm direction before committing.
