🔻 $KNC /USDT Cooling Off After 90% Pump! Bearish Setup Brewing
After a monster rally, $KNC is showing signs of exhaustion. Rejection from $0.7550 and fading volume point toward a short-term pullback. Lower highs forming bulls may take a breather.
📉 Short Trade Setup
• Entry Zone: $0.6200 – $0.6350
• Stop Loss: Above $0.6550
• TP1: $0.5800
• TP2: $0.5500
• TP3: $0.5200
📊 Market Insight:
Momentum is slowing, and price is stuck below resistance. If $0.6350 holds as a ceiling, downside continuation is likely. Ideal setup for short scalpers watching for weak bounce attempts.