🚨 $KITE Under Pressure — Is a Reversal Brewing?

$KITE is facing heavy selling after dropping 11.2% over the past 24 hours, but short-term price action is beginning to show signs of life. A 0.7% gain in the last minute suggests buyers are attempting to absorb the sell pressure, even as sellers still control 58% of recent trading flow.

With 56.6M USDT in daily volume and 9 alerts this hour, volatility remains elevated. That means the next move could be sharp in either direction. If buyers continue defending current levels and volume shifts in their favor, a relief bounce could develop. However, failure to hold support may invite another wave of selling.

📊 Keep an eye on:
• Buy vs. sell volume balance
• Support holding under high volume
• Breakout above short-term resistance for confirmation

Trade with discipline, manage risk carefully, and always DYOR before entering any position.#GateDEXIntegratesWithRobinhoodChain $KITE