$KITE ‌

KITE/USDT Market Insight (Personal Analysis)
Today KITE/USDT showed extremely high volatility and we saw a heavy drop from the recent zone. The 1H closing candles clearly showed momentum shift and continuous lower highs + lower lows.

Key Observations

Price is forming a micro down-trend structure

Volume spike at the bottom shows interest, but not confirmed reversal

RSI on lower timeframe is in oversold zone

KDJ lines are flattening which sometimes indicates short-term base building

Multi-Timeframe Refinement

1H View
Momentum is bearish. Candle bodies are still heavy. If this base holds, short corrective bounce can appear before next direction.

4H View
Bigger trend is still weak. Price is below mid-range structure. Recovery confirmation needs a strong candle + supportive volume.

Potential Scenario (Personal Opinion Only)
If this base range stabilizes and buyers return — then a short pullback bounce may form.

But if volume does not hold — continuation pressure can still keep pushing down.

Methods Used (Personal Analysis)

1H candlestick structure check

Volume + momentum indicator confirmation

KDJ & RSI oversold reading

Trend leg comparison from previous move

Final Note

This is not financial advice.
This is only my personal chart observation and momentum reading.