$KITE is approaching a decision zone on the 1H chart ⚠️
Right now price is around 0.296 and riding above the short-term MA7 (yellow line). The recent move from 0.246 shows a strong recovery, and price has been printing higher lows with steady bullish candles, which signals short-term bullish momentum.
However, the key trigger is the MA7 reaction.
If the current or next 1H candle closes below the MA7, it would signal weakening momentum. In that case, a short-term pullback toward 0.275 becomes likely, with deeper support sitting around 0.260. That area aligns with previous consolidation and cou