KITE's recent correction remains within a gentle range. The current price is around 0.0854, below the 7-hour moving average (approximately 0.0862), but has held above the 25-hour and 99-hour moving averages (at 0.0845 and 0.0820 respectively). From this position, there is still some tug-of-war between bulls and bears.

If it can cleanly break through the 0.088 to 0.089 zone (the recent high around 0.0885), there is a chance to push towards 0.09 or even 0.095. But for a true rally to start, the key is to regain the 7-hour moving average and then continue breaking through the recent highs.

Looking downward, the 0.084 to 0.082 range is the first line of defense, with stronger support at the swing low of 0.0769. Occasionally, there is buy volume surging in, but overall the pace remains mild. Whether a sustained upward trend can develop largely depends on whether the 7-hour moving average can be effectively reclaimed, along with volume support.