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$KITE's recent trend is quite interesting—retracting from a high of 0.1239 to 0.0965, and now rebounding to around 0.1063.



From a technical perspective, the price is holding above the 7-day moving average ( at 0.102) and the 25-day moving average ( at 0.103), which indicates short-term stabilization. However, the 99-day moving average is pressing at 0.109 and has not been fully broken through, so we can only say it is neutral to bullish, cautiously optimistic.

Key positions need to be monitored closely:
- The resistance above is in the range of 0.109-0.11 (which is that 99-day line), and we need to break through here to see the space for 0.12-0.125.
- The support below is at 0.096-0.097, this is the last line of defense. If it breaks, it may go to 0.09.

The trading volume data is quite interesting. The sell-off clearly showed increased volume, and the buying pressure kept up during the rebound—indicating that this recovery is not fake; there is real money coming in.

However, to truly confirm a bullish trend, we need to see if it can stabilize above the 99-day moving average. At this position, it's best to wait and see; it's not too late to chase if it breaks out.
KITE-7.7%
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MoonBoi42vip
· 3h ago
I don't dare to take a Heavy Position unless the 99-day moving average level breaks; let's wait and see.
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MidnightSnapHuntervip
· 3h ago
The 99 daily chart pressure is indeed annoying, feels like I have to wait a bit longer. --- The buying pressure indicates that there are still believers, I maintain a wait-and-see attitude. --- Only if it breaks 0.109 will I dare to look bullish seriously, right now it's just daydreaming. --- The volume for this rebound is decent, but I'm not sure if it can go all the way. --- Being stuck at the 99 line is really uncomfortable, feels like it will have to go back and forth. --- Support is at 0.096-0.097, if it breaks I will withdraw. --- Neutral to bullish? I see more of a repeated testing.
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MevSandwichvip
· 3h ago
99 daily chart not breaking is all nonsense, waiting for signals.
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