$KNC /USDT – Preparing for a Breakout? Watch Closely! 📈
📊 Market Structure:
$KNC is currently consolidating in a tight range between $0.3630 and $0.3740. Bulls are defending key higher lows on the 1H chart.
📈 Price Action Insight:
A series of wicks and rejections near $0.3740 suggest a potential breakout zone if buyers gain momentum.
📌 Trade Setup:
• Entry Zone: $0.3700 – $0.3740
🎯 TP1: $0.3800
🎯 TP2: $0.3865
🎯 TP3: $0.3925
• Stop Loss: Below $0.3650
⚠️ Why This Setup Matters:
Range breakouts often lead to sharp moves. Volume confirmation above $0.3750 could trigger rapid upside movement.
💡 Pro Tip:
Set alerts above $0.3745 and monitor volume—enter only on strong bullish candle closure above the range top.
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