KITE has recently experienced a wave of correction, with the current price oscillating around 0.0842. It has broken below the 7-day, 25-day, and 99-hour moving averages (located at 0.0851, 0.0846, and 0.0850 respectively). The overall technical outlook appears somewhat conservative, even showing some signals of a bear market.

From a rebound perspective, if the price can cleanly break above the 0.085-0.087 range, it may attempt to push towards 0.09-0.091 (the recent high). However, to truly initiate an upward trend, volume confirmation is necessary—currently, trading volume is relatively mild, lacking signs of aggressive buying.

On the defensive side, recent support levels are around 0.083-0.081, with a stronger support at the swing low of 0.0771. If bulls want to continue the rally, they must regain the short-term and medium-term moving averages, accompanied by a breakout in trading volume. Otherwise, this correction could still have room to test lower levels.