$KITE /USDT has been showing wild volatility lately, with the price swinging between $0.0610 and $0.1333 in just 24 hours. The current price around $0.0965 suggests that traders are unsure whether this rally has real momentum or is just another speculative spike. The 31% daily gain looks impressive on the surface, but considering the massive 1.23 billion
$KITE traded in a day, it’s hard to ignore the possibility of short-term manipulation or coordinated trading activity.
Technically, the coin is sitting in a sensitive zone. If it can hold above $0.0900 for the next few sessions, there’s room for a retest of $0.12 to $0.13. A clean break below $0.0850, however, could send it sliding back to the $0.06 support area, where buyers previously stepped in. The wide range suggests traders should be cautious; KITE’s volume is heavy, but the liquidity might not be deep enough to absorb sharp sell-offs without sudden price drops.
Overall, KITE looks like a speculative token caught between hype and exhaustion. Short-term traders might still find opportunities in its volatility, but anyone looking for a stable uptrend may be disappointed. It’s one of those setups where you either ride the chaos or stay out entirely.
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