$KITE /USDT BEARS PUSH LOWER AS PRICE TESTS SUPPORT ZONE!

$KITE/USDT is under short-term bearish pressure, currently trading at 0.0975 after a 7.9% drop in the last 24 hours. The price is approaching key support around 0.0961–0.0965, with resistance near 0.0999–0.1019. The selling momentum suggests potential continuation of the downtrend unless buyers step in above 0.1020. Traders should watch support levels closely for possible bounces or further declines.

Trade Setup:

Short Entry: 0.0980–0.0990

Take Profit (TP): 0.0961 (first), 0.0940 (second)

Stop Loss (SL): 0.1020

Market Outlook:

$KITE/USDT remains bearish in the short term. Any recovery above 0.1020 could lead to a minor corrective rally, but downward momentum currently dominates.

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KITEBSC
KITE
0.1067
-0.37%