*🔴$KNC /USDT – Short Trade Setup (High-Risk Reversal Play)*

👀Given the massive +117% daily candle and potential news-related spike (delisting notice), this is a high-risk but potentially rewarding short setup if the move was speculative or exaggerated.

*⛔️Entry Zones:*

- Ideal re-entry if price rejects *0.71–0.72* (today’s high)

- Aggressive short if price breaks below *0.66–0.64* with volume

*🎯Targets:*

- *TP1*: 0.61 (intraday support)

- *TP2*: 0.55 (gap-fill zone)

- *TP3*: 0.48 (mid-structure prior to breakout)

*🛑Stop-Loss:*

- Above *0.73*, or tighter at *0.715* (if entering on rejection)

*👉🏻Indicators to Watch:*

- Bearish divergence on RSI/MACD on lower timeframes (15m–1h)

- Volume drop or selling pressure increasing on pullbacks

⚠️ Important:

- This setup assumes *exhaustion* after a parabolic move.

- If price consolidates above *0.71*, abort short — trend continuation possible.

- Monitor Binance news — delisting volatility can distort normal patterns.

#USCryptoWeek

$KNC