The coin $KGEN shows explosive growth — +42% in the last 24 hours, the current price is $0.41733. This movement is accompanied by a sharp increase in volumes, indicating heightened interest from traders and a possible formation of a new upward wave.
📊 Analytics:
On the 4H chart, the price broke through local resistance around $0.38, consolidating above. If the momentum continues, the next target could be the zone of $0.46–0.50, where the key selling area lies. If it consolidates above — the growth potential is up to $0.56–0.60.
However, it is worth considering a possible correction after such a sharp rise — the nearest support is in the zone $0.39–0.37, where a point for a new entry may form.
💡 Trading plan:
• Bullish scenario: entry $KGEN from $0.40–0.42, TP1: $0.46, TP2: $0.56, SL: 2–5% (around $0.39–0.41).
• Bearish scenario: if there is a pullback below $0.37, a correction to $0.33–0.30 is possible.
📈 It is recommended to use a small % of the deposit and move the stop to breakeven as it rises.
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