KITE is trading at 0.2065 USDT, showing short-term bearish pressure after peaking near 0.2114. The 1-minute chart displays consecutive red candles with lower highs and lower lows, indicating strong intraday selling momentum.
Price briefly touched 0.2063, suggesting immediate support around 0.2060–0.2063. If this level breaks, the next downside zone may appear near 0.2040–0.2050. On the upside, resistance stands at 0.2095, followed by 0.2115.
Order book sentiment is nearly balanced (≈49% bid vs 50% ask), signaling indecision but slight seller dominance.
Short-term outlook remains weak unless buyers reclaim 0.2090+ quickly. Scalpers should watch for a reversal candle or volume spike near support for a potential bounce. #MarketRebound #USRetailSalesMissForecast $USDT $BTC {future}(BTCUSDT)
Over the past 4 months, KITE/USDT has shown exceptional bullish momentum. The price surged from around 0.0300 USDT to a recent high near 0.2427 USDT, reflecting strong investor interest and aggressive buying pressure. This represents a remarkable multi-month growth trend, supported by increasing trading volume and market participation.
In the short term, the price is currently trading around 0.2059 USDT, showing a minor daily correction (-7.63%). Such pullbacks are normal after a strong rally and may indicate healthy consolidation rather than trend reversal. Key support appears near 0.18–0.20 USDT, while resistance is visible around 0.23–0.25 USDT.
### 4-Month Outlook
If momentum and volume remain strong, KITE could retest the 0.24 USDT high and potentially break toward 0.28–0.30 USDT levels. However, volatility is expected, and short-term corrections may continue.
Overall, the medium-term trend remains bullish, but traders should monitor volume, market sentiment, and broader crypto conditions before making decisions. $KITE {spot}(KITEUSDT) $BTC {spot}(BTCUSDT) #MarketRebound #USRetailSalesMissForecast