$KNC has surged 86.118% in the last 24 hours, hitting a high of 0.755.

Currently, the price is near the upper Bollinger Band, indicating potential overextension.

This could signal a reversal or consolidation phase.

Support is established at 0.315, while resistance remains at 0.755.

Given the recent volatility, which appears to be expanding, traders should exercise caution.

A stop-loss can be placed around 0.580 to limit downside risk.

Recommended action: Set alerts near 0.755 and 0.315 to better assess the market before entering positions.