$KNC /USDT
📈 Market Insight:
$KNC /USDT is up +93.54% in the last 24h, showing explosive momentum. Volume is significantly high (KNC: 1.87B, USDT: 1.11B), suggesting strong participation. Price has spiked from 0.3144 to 0.6199, with a recent high of $0.7200, hinting at potential continuation or imminent pullback.
💰 Entry:
Buy Range: $0.60 – $0.63 (on pullbacks or consolidation)
🎯 Targets:
Target 1: $0.68 – Minor resistance / profit-lock zone
Target 2: $0.74 – Retest of 24h high
Target 3: $0.81 – Fibonacci extension & psychological barrier
🛡️ Stop Loss:
Suggested SL: $0.56 (below key support and EMA zone)
📊 Key Levels:
Support: $0.56 / $0.50
Resistance: $0.74 / $0.81
Pivot Level: $0.65 (trend control zone)
SAR (Stop & Reverse): $0.4937 (indicating uptrend continuation unless broken)
💡 Pro Tip:
Wait for a 15m–1h bullish consolidation above $0.60 before entering. Use trailing stops as price approaches $0.74–$0.81, and be cautious of a sharp retracement due to the high % pump. Volume drying up with rising price = exit signal.
#USCryptoWeek #TradingStrategyMistakes #ArbitrageTradingStrategy #ETHBreaks3k #ETHBreaks3k