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.
Source: Read the original article


