$KNC Cool-Off Mode Short Window Before Bulls Reload?

$KNC just surged over 90% in a single day but is now showing signs of exhaustion. A strong rejection near $0.7550 followed by lower highs hints at a possible pullback phase before any continuation.

Short Trade Setup

Entry Zone: $0.6200 – $0.6350

Stop Loss: Above $0.6550

Target 1: $0.5800

Target 2: $0.5500

Target 3: $0.5200

If price continues to struggle below $0.6350, this could be a good short opportunity. Watch for fading momentum and lower highs to confirm entry.