🔹 $KNC /usdt (Kyber Network) Price Analysis – 12 July💹🔥🔥
📉 Current Price: $0.5491
KNC is showing strength near the $0.55 support zone. Price action suggests a potential upside move if support holds.
🔸 Trade Setup (Long):
🟢 Entry: $0.5491 – Current Price
🎯 Target: $0.70 – $0.77
🛡 Stoploss: $0.53
📊 Indicators on major platforms are giving a Strong Buy signal. If KNC holds above $0.55, we could see a bullish move toward $0.70+. Break below $0.55 may trigger short-term downside.
🔻 Short Setup (If Breakdown):
🔴 Entry: Below $0.55
🎯 Target: $0.50
🛡 Stoploss: $0.554
📌 Risk Management is key. Trade with proper SL and position size.