$KITE is showing some strength after bouncing from the $0.10 area.
Short term momentum looks positive with RSI improving and MACD turning bullish. But KITE is now facing a key resistance zone around $0.120–$0.125.
A clean daily close above $0.125 with strong volume could open the way toward $0.130 → $0.140 → $0.146.
If it gets rejected here and loses $0.111 the recovery could weaken and $0.0898 may come back into focus.
For now I’m watching the $0.125 breakout closely. Confirmation matters. 📈
Not financial advice. Always manage your risk.
Short term momentum looks positive with RSI improving and MACD turning bullish. But KITE is now facing a key resistance zone around $0.120–$0.125.
A clean daily close above $0.125 with strong volume could open the way toward $0.130 → $0.140 → $0.146.
If it gets rejected here and loses $0.111 the recovery could weaken and $0.0898 may come back into focus.
For now I’m watching the $0.125 breakout closely. Confirmation matters. 📈
Not financial advice. Always manage your risk.
