š» $KNC /USDT Parabolic Rally Cracks, Short Play Activated! š
$KNCUSDT spiked hard, but the structure just snapped below key resistance at $0.5930. Weak bounces, selling pressure, and lower highs confirm a reversal is underway. Momentum is gone bears are taking over.
š Short Setup:
ā¢ Entry: $0.5805 ā $0.5930
ā¢ TP1: $0.5000
ā¢ TP2: $0.4000
ā¢ TP3: $0.3325
ā¢ SL: $0.6807
š Market Insight:
Post-pump distribution phase is clear bulls are trapped at the top. If $0.5930 holds as resistance, expect a sharp slide to deeper support zones.