KITE rallies 13.5% on AI interest but awaits full bullish confirmation amid heavy short bets.

KITE's price rose 13.49% to $0.1203, driven by renewed investor interest in AI-agent infrastructure and increased trading volume. Despite the rally, many traders remain skeptical, with a majority holding short positions, which could lead to forced buying if the price continues rising. Technical indicators have yet to confirm a full trend reversal, with key resistance at $0.1459 needing to be breached for stronger gains. If KITE fails to hold above $0.1018, the downtrend may persist.