$KITE
📊 Current Situation
Price: 0.2151
24H High: 0.2304
Recent Swing High: 0.2427
Recent Swing Low: 0.1591
KITE had a strong bullish rally from 0.159 → 0.2427, followed by a correction and now a partial recovery.
🔎 Market Structure
1️⃣ Strong Uptrend Phase
Clear higher highs and higher lows
Strong bullish momentum with rising volume
2️⃣ Pullback Phase
Sharp rejection near 0.2427
Price dropped toward 0.19 area
3️⃣ Recovery Attempt
Bounce back toward 0.228
Now consolidating around 0.21–0.22
Currently → market is in short-term consolidation after volatility.
📈 Indicators
Volume:
Volume increased during rally, but now slightly decreasing → momentum slowing.
MA5 & MA10:
Short-term averages flattening → no strong immediate trend.
MACD:
Momentum weakening, histogram near zero → neutral zone.
📌 Key Levels
🔵 Support Zones:
0.205 – 0.210 (immediate)
0.190 (strong support)
0.159 (major base)
🔴 Resistance Zones:
0.228 – 0.230
0.2427 (major resistance)
🎯 Possible Scenarios
Bullish Case:
If price holds above 0.205 and breaks 0.230 with strong volume → possible retest of 0.2427.
Bearish Case:
If 0.205 breaks → likely move toward 0.19 support.
🧠 Overall View
KITE is still structurally bullish on 4H, but momentum is cooling.
This is not a breakout zone — it’s a decision zone.