$KITE /USDT (15m) for what it really is — not what we want it to be.
This chart is early, fragile, and honest.
KITE opened with excitement, pushed toward 0.0918, and then reality stepped in. What followed wasn’t chaos — it was gravity. Price slid down to 0.0841, and that drop did its job: it shook out the impatience. Since then, something important has happened.
Price stopped falling.
Now look closely at the structure:
Current price ≈ 0.0853
MA(7) ≈ 0.0853
MA(25) ≈ 0.0852
MA(99) ≈ 0.0880
Price is compressing tightly around short-term averages, while the long-term MA stays above like a ceiling. This isn’t bullish yet — but it’s no longer bearish either. This is balance after stress.
The candles here are small, overlapping, and controlled. That tells you one thing clearly:
selling pressure has faded, but buying confidence hasn’t arrived yet.
What the market is emotionally saying
This is a newborn market catching its breath.
Early buyers took profit. Late buyers felt regret. Now everyone is waiting.
That waiting phase matters more than the drop itself.
The levels that now define KITE’s future
Immediate support: 0.0840–0.0843
This level already proved itself once. If it breaks, sentiment weakens again.
Neutral zone: 0.0845–0.0860
This is where the market is deciding whether KITE deserves another chance.
Resistance: 0.0875–0.0880
This aligns with MA(99). A rejection here is likely unless volume returns.
Confirmation level: Clean hold above 0.0885
Only this flips the chart toward 0.092–0.095.
Volume tells the truth quietly
Notice how volume spiked during the sell-off, then dried up during consolidation. That means panic is gone — but so is excitement. This is neutral ground.
No one is rushing anymore. That’s healthy, but it also means breakouts won’t happen without a trigger.
What this means in real trading terms
Right now, KITE is:
❌ not a chase
❌ not a breakdown
✔️ a wait-for-structure trade
Best case:
Sideways base above 0.084
Gradual reclaim of 0.088.$KITE

