$KITE — Testing the Trend Floor After the Pullback 📉

$KITE just completed a sharp correction from the 0.1239 peak and is now sitting right on its 1H trend-defining zone, where major reactions usually happen.

1Hr Chart Analysis

Price broke below MA25 & MA7 → short-term trend cooling

Now sitting right above MA200 (0.1055) earlier, but slipped below and retesting from underneath

MA99 is acting as overhead pressure

RSI(7/14/21) all in the 33–38 range → oversold cluster, reversal-ready region

MACD bearish momentum slowing down, histogram shrinking → selling pressure fading

This is typically where coins decide bounce vs. breakdown.

🧭 Key Levels

Support

0.0970 (current zone)

0.0900 (strong reaction level)

0.0750 (major liquidity base)

Resistance

0.1055 (MA200 reclaim = first confirmation)

0.1090 (MA99 retest)

0.1160 → 0.1239 (full recovery target)

#KITE needs to reclaim 0.1055 to regain momentum — that’s the line that flips the structure back bullish on the 1H.
Holding above 0.0970 keeps the recovery scenario alive.

A clean bounce from here can reopen targets toward:

➡️ 0.1055
➡️ 0.1090
➡️ 0.1160 / 0.1239 retest

Break below 0.0970? The chart shifts into deeper correction.