$KNC USDT – Short Trade Signal (Early Downtrend Setup)

Current Price: $0.6851

24h High: $0.7550

24h Low: $0.3150

24h Gain: +115.58%

Volume: 151.57M KNC

Market View

KNC had a strong rally earlier, but now showing signs of weakness. Price is rejecting near $0.700 and forming lower highs. Red candles are increasing and buyers are slowing down.

Short Trade Setup (For Spot and Futures)

Sell Zone: $0.6850 – $0.6950

Stop Loss: Above $0.7050

Target 1: $0.6600

Target 2: $0.6550

Target 3 : $0.6000

Simple Summary

KNC is pulling back after a strong move up. If price breaks below $0.680 with volume, a short trade may work well. Manage risk and follow levels for short-term profit.