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$KITE KITE took a solid dip today after failing to hold the 0.12 area.
The 1h chart shows a clear downtrend, but price finally caught support near 0.096 and is trying to bounce back toward 0.10+. Indicators like RSI and KDJ are rising slowly from oversold levels, which usually hints that sellers might be losing momentum.
What I’m watching next:
Short-term: Possible small push toward 0.102–0.105 if the bounce continues.
Mid-term: Could stay in a wider range unless volume builds again.
Risk: A drop back under 0.096 may invite more selling pressure.
This is just my personal view, not financial advice. Always manage your own risk.