$KNC USDT LONG TRADE SETUP – BULLISH PRESSURE BUILDING
Timeframe: 30M Chart
Market Structure: KNC has climbed +4.25% today, bouncing from the $0.3949 low and now consolidating above $0.4110. Price is testing resistance near $0.4130 with strong bullish candles, showing potential for continuation if volume sustains.
ENTRY LEVEL:
Go long between $0.4090 – $0.4120 on consolidation.
STOP LOSS:
Set stop loss below $0.4040 to limit downside risk.
TARGET POINTS:
TP1: $0.4170
TP2: $0.4230
TP3: $0.4300
TRADE ANALYSIS:
The market is showing accumulation and gradual bullish structure. If KNC breaks above $0.4140 resistance with volume, it could trigger a clean move toward $0.4230 and beyond. Best suited for short-term bullish traders managing tight risk.