Technical Outlook: ⚠️ MARKET CORRECTION & KEY SUPPORT ZONES
$KNC -3.52%
$ONT -10.12%
$KITE -6.65%
Today's market observed a notable bearish shift, with ONT experiencing a significant double-digit decline, indicating a retest of established support levels and a potential disruption of its intermediate market structure. KNC and KITE also registered corrections, suggesting these assets may be entering an accumulation phase as they consolidate near crucial support zones, contingent on confirming bullish volume divergence.
Given these retests of critical support, what technical indicators are you prioritizing to confirm a potential rebound or further downside continuation in these assets?