KITE token jumps 10%, boosted by rising volume and open interest, eyeing $0.25 resistance level.

KITE token surged 10% in the last day, reclaiming key exponential moving average (EMA) levels and improving its short-term market structure. This price rally was supported by a 53% increase in trading volume to $63 million and a 10% rise in open interest, indicating fresh capital entering the market. The bullish momentum suggests buyers are gaining control, with the next resistance target around $0.25. While a breakout is not guaranteed, the increased market participation strengthens the case for further gains if momentum continues.