Fail here and KITE retests support – Mapping the 2 paths from $0.122

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KITE rebounded by around 13% in 24 hours after the market adjusted following the massive Binance hack and ranked among the top-performing assets on CoinMarketCap. The token faces a resistance zone between $0.122 and $0.124 that could limit its short-term advance. Failure to break through could see price retest the ascending support line that triggered the rebound, while a move above resistance could target $0.158, representing a potential 27% gain. The Money Flow Index, the bullish Aroon reading and a positive Open Interest-Weighted Funding Rate support this outlook, although the broader market sentiment remains neutral.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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