$KNC /USDT ATTEMPTING A TURN AFTER SHARP DROP! 🔄📉
KNC is trading at $0.3227 (+0.56%) after bouncing off a local low of $0.3199. While the 15-minute chart still shows bearish structure, early buyers are testing short-term EMAs — looking for a reclaim.
📊 Technical Overview:
EMA(7): $0.3223
EMA(25): $0.3238
EMA(99): $0.3250
24h High / Low: $0.3285 / $0.3193
⚠️ The price is currently below all major EMAs, but hovering near the 7 EMA. A breakout above $0.3240 could indicate early reversal momentum.
🎯 Short-Term Trade Setup:
Entry: $0.3225
TP1: $0.3255
TP2: $0.3280
SL: $0.3190
📈 Watch for a decisive candle close above EMA(25) before scaling in with confidence. Volume is low — a breakout needs confirmation to avoid a fake push.
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