#KNCUSDT
Watchlist – Key Resistance Cluster Ahead
The KNCUSDT pair is approaching a critical resistance zone around 0.7500–0.8000, where multiple timeframes converge. If price rejects this area with a bearish confirmation (such as an evening star or a strong red candle closing below it), we could see a sharp pullback—similar to the recent dump seen in other overextended alts.
For active traders:
A clear rejection at 0.7500–0.8000 with weak follow-through could signal a short opportunity.
Initial downside target: 0.6500 (previous support), with extended moves toward 0.6000 if momentum accelerates.
Always manage risk—stop above 0.8200 for invalidation.
Monitor volume and BTC's movement, as sudden Bitcoin strength could amplify downside pressure on KNC. Trade safe.