Markets· ★★· neutral·

KITE hits monthly high of $0.14 as volume jumps 106%

  • KITE rose to $0.14, a monthly high, and holds near $0.13
  • Daily gain reached 8% as volume jumped 106% to $44 million
  • Perpetual sell volume hit 18.3 million versus 15.7 million in buys
  • Futures netflow fell 14% in 24 hours to -$442,000
Why it matters: Rising price amid aggressive selling risks a pullback to $0.11 support if pressure persists.
Source: AMBCrypto