KITE is currently in an upward channel, with the current price hovering around 0.0911. It has stabilized above the three moving averages of 7 hours, 25 hours, and 99 hours (located at 0.0896, 0.0885, and 0.0854 respectively), indicating a clear bullish trend.
The key point to watch is whether it can successfully break through the 0.092 to 0.094 range—especially the recent intraday high of 0.0923. Once it stabilizes above this level, it could potentially surge towards targets of 0.098 to 0.10 and beyond.
Support levels below should be monitored, with recent short-term support around 0.089 to 0.086, and stronger support at the swing low of 0.0806.
From a volume perspective, there has been a noticeable influx of buying activity recently, with trading volume gradually increasing. However, to ensure this rally can continue, it is essential to see whether sustained high trading volume can be maintained and whether a decisive breakthrough of the recent high can be achieved—both conditions are indispensable.
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MondayYoloFridayCry
· 12h ago
Volume is the key; breakouts without volume are all lies.
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LiquidatedNotStirred
· 12h ago
Breaking 0.092 is the real highlight; whether the trading volume is strong or not is the key.
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FalseProfitProphet
· 13h ago
Breaking through 0.0923 depends on today. The trading volume this time is quite interesting; we need to hold it, or else it will be a false alarm again.
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GateUser-40edb63b
· 13h ago
Take off once it breaks 0.092, otherwise it's all just hype
KITE is currently in an upward channel, with the current price hovering around 0.0911. It has stabilized above the three moving averages of 7 hours, 25 hours, and 99 hours (located at 0.0896, 0.0885, and 0.0854 respectively), indicating a clear bullish trend.
The key point to watch is whether it can successfully break through the 0.092 to 0.094 range—especially the recent intraday high of 0.0923. Once it stabilizes above this level, it could potentially surge towards targets of 0.098 to 0.10 and beyond.
Support levels below should be monitored, with recent short-term support around 0.089 to 0.086, and stronger support at the swing low of 0.0806.
From a volume perspective, there has been a noticeable influx of buying activity recently, with trading volume gradually increasing. However, to ensure this rally can continue, it is essential to see whether sustained high trading volume can be maintained and whether a decisive breakthrough of the recent high can be achieved—both conditions are indispensable.