$KNC USDT – AFTER THE SPIKE, IS A SECOND WAVE COMING?

STRONG BREAKOUT WITH HEALTHY PULLBACK

SUPPORT HOLDING ABOVE MA(7) ZONE

$KNC skyrocketed to $0.7550 before encountering a sharp rejection, currently consolidating around $0.5508. Despite the drop from the highs, price is still holding well above the 7 EMA ($0.5426), showing that buyers are defending support.

This pattern suggests a possible second leg upward if KNC stabilizes above the short-term moving average and regains bullish momentum. Watch for a reclaim above $0.5750 to confirm breakout continuation.

Trade Setup (Long):

Entry: $0.5480–$0.5580

Targets:

• TP1: $0.6100

• TP2: $0.6750

Stop Loss: $0.5190

Outlook: Bullish continuation likely if $KNC holds above the 7 EMA. Strong volume could ignite the next impulse.

#KNCUSDT #AltcoinSetup #CryptoTrading #BinanceFutures #BreakoutRetest