$KNC /BTC based on the 1H chart:
šØ $KNC /BTC ā Massive Breakout, Now Cooling Off
Current Price: 0.00000458 BTC
24H High: 0.00000643 BTC
24H Low: 0.00000268 BTC
24H Gain: +70.26% š
Volume: 5.47M KNC
š§ Market Insight:
KNC/BTC just completed a huge vertical breakout (+100% intraday move) before retracing sharply.
Price is currently sitting at the MA(7) line, showing possible support.
Volume has started to decrease, suggesting the momentum is fading slightly.
RSI at 58 = neutral zone, may reload for next move if it holds support.
ā Trade Setup (Dip Buy Option)
Entry Zone: 0.00000440 ā 0.00000460
Stop Loss: Below 0.00000413
Target 1: 0.00000496
Target 2: 0.00000579
Target 3: 0.00000643 (previous high)
š Risk Tip:
Avoid FOMO ā wait for a clear bounce off support. If it breaks below the yellow MA(7), it may revisit deeper levels.
š” Pro Tip: This setup suits scalpers or short-term traders watching 5m/15m confirmation candles.
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