$KNC /USDT Trading Strategy

📊 Market Insight

Kyber Network ($KNC ) has surged +92.37%, marking an explosive breakout. Price is currently at $0.6029, having pulled back from a 24h high of $0.7550. This parabolic move suggests profit-taking could follow, but volatility also opens up opportunity for tactical entries.

🎯 Entry

Buy Zone: $0.5700 – $0.6100

(Above Bollinger Band midline; favorable risk-reward during consolidation)

🚀 Targets

Target 1: $0.6550 (minor resistance zone)

Target 2: $0.7200 (just below local high)

Target 3: $0.7750 (Bollinger Band upper extension & FOMO zone)

🛑 Stop Loss

Stop: $0.5280

(Below support cluster and recent breakout base)

🔍 Key Levels

Support: $0.5940 / $0.5280 / $0.4030

Resistance: $0.6550 / $0.7200 / $0.7750

Pivot: $0.6100

💡 Pro Tip

KNC has already pumped massively — wait for consolidation or flag pattern on the 1h chart before re-entering. Scalpers can also play the volatility, but use tight stop-losses to avoid reversal traps. Avoid chasing green candles blindly.

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