$KNC /USDT – Reversal Brewing After Deep Pullback? 🔄🔥
Current Price: $0.3347 (+2.61%)
📉 Market Structure: KNC bounced back strong after a sharp dump to $0.3233. Buyers reclaimed the $0.33 zone—showing signs of reversal from key support.
📌 Key Levels:
Support: $0.3233
Resistance: $0.3399
📊 Trade Setup:
Entry Zone: $0.3320–$0.3350
TP1: $0.3400
TP2: $0.3490
SL: $0.3215
📈 Why This Setup Matters: This bounce came with volume, forming a potential higher low on the 1H timeframe. A break above $0.3399 may trigger fresh upside momentum.
💡 Pro Tip: Look for a breakout candle above $0.34 with increasing volume for confirmation. Avoid early entries without that breakout signal.
⚡️ Reversal mode may be activating—watch closely or ride the bounce!
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