$KNC /USDT chart:
$KNC /USDT – Possible Short Setup
📉 Current Price: $0.6042
📊 24h High: $0.7200 | 24h Low: $0.3144
🔻 Trend: Weakening after sharp rally – lower highs forming
🔸 RSI: 63.6 – Cooling off from overbought
🔴 Short Entry: $0.6050 – $0.6150
🎯 Targets:
TP1: $0.5610
TP2: $0.5100
TP3: $0.4720
🛡 Stop Loss: $0.6450
Technical Note:
KNC spiked hard but failed to hold above $0.72. Multiple rejections and weakening volume suggest a possible retracement. Watch closely.