$KNC KNC Today's Market Analysis:
From a short-term perspective, the 1-hour, 2-hour, and 4-hour levels all clearly indicate a bearish trend.
Today's key price level to focus on is around 0.3675.
On the downside, the primary target price is 0.3429 and 0.3379, followed by 0.3304 as a potential support area.
If the market rebounds, the primary rebound target is 0.3722, and further levels to observe are around 0.3832 and 0.3940 as potential resistance levels.
In a bullish market environment, it is advisable to operate cautiously, avoiding easy position changes or swing trading, to prevent missing out on upward trends and causing premature selling of positions.
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