Here's your technical breakdown of $KNC /USDT
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🧾 KNC / USDT Overview
Current Price: $0.2793
24h Change: -8.93% 🔻
Category: DeFi
Trend Bias: Bearish Short-Term
Status: Pullback nearing support
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📊 24-Hour Market Summary
Metric Value
24h High $0.3081
24h Low $0.2742
Volume (KNC) 9.70M
Volume (USDT) $2.87M
Current Depth Support $0.2742 – $0.2729
🔍 A drop of nearly 9% with a strong rejection from ~$0.31 zone.
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📉 Order Book Levels (Depth Snapshot)
Resistance Support
$0.2997 $0.2783
$0.2984 $0.2742 (24h Low)
$0.2943 (Near MA) $0.2729 (Deeper support)
📌 Price currently hovering near critical support. Break below could accelerate the drop.
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📈 Volume & Moving Averages
Metric Value
Vol (Current) 12,397.2
MA(5) 25,530.9
MA(10) 37,752.6
📉 Volume has declined below both moving averages = momentum fading.
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🔍 Technical Outlook
Signal Reading
Trend Down
Momentum Weak Bearish
Support Zone $0.2742 – $0.2720
Next Risk Zone Below $0.2700 = Bearish Continuation
Reversal Confirmation Close above $0.2940–0.2980 with volume
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🧭 Trading Plan
Strategy Level
Short-Term Buy (risky) Near $0.2740 with tight stop
Breakout Buy Above $0.2980–0.30 on strong volume
Downside Risk Below $0.2700 → test $0.2580 or lower
Stop-Loss Close below $0.2720
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✅ Summary
KNC is in a correction, and volume is thinning, which is not supportive of a rebound yet.
It’s approaching oversold intraday levels, but caution is advised.
A break below $0.2720 could invalidate short-term recovery hopes.
Would you like a comparative chart or RSI/MACD technical indicators to assess bounce potential from this level?
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