$KNC Pump Fades: Short the Weakness Now

$KNC skyrocketed to $0.7550 but is now showing clear signs of exhaustion, dropping back to $0.5550. The 1H chart displays lower highs and bearish momentum — perfect conditions for a short trade.

🔻 Short Trade Setup:

Entry: $0.5550 – $0.5600

Stop Loss: $0.5800

TP1: $0.5200

TP2: $0.4900

TP3: $0.4600

Sellers are regaining control — a breakdown below $0.5500 could accelerate the fall.