$KGEN -USDT Trade Setup
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Strategy: Range Breakout / Volatility Squeeze
Reason: The asset is consolidating in a tight range after a sharp decline. A breakout from this range is expected to lead to a significant move. The preceding trend favors the short setup.
IF IT BREAKS UP (LONG):
Signal Type: LONG 📈
Entry: 0.3000 – 0.3050(Enter on a confirmed 1-hour candle close above the range resistance)
Take Profit 1: 0.3200
Take Profit 2: 0.3400
Take Profit 3: 0.3600
Stoploss: 0.2850
IF IT BREAKS DOWN (SHORT):
Signal Type: SHORT 📉
Entry: 0.2850 – 0.2800(Enter on a confirmed 1-hour candle close below the range support)
Take Profit 1: 0.2700
Take Profit 2: 0.2600
Take Profit 3: 0.2500
Stoploss: 0.3000
Recommendation: Wait for a confirmed 1-hour candle close outside the consolidation range before entering. Trading within the range is high-risk.