$KNC /USDT – Trade Setup | Bounce After Dip

Current Price: $0.5831

Today’s Gain: +76.80%

24h High: $0.7550

24h Low: $0.3150

Volume (24h): 190.40M KNC

Why Buy KNC Now:

KNC dropped fast earlier but now it is bouncing. Buyers are stepping back in near $0.5600 and pushing price upward. If the green candles continue, a new short-term uptrend can begin.

Support Levels (Price may stop falling):

$0.5600 and $0.5450

Resistance Levels (Price may slow down):

$0.5950 and $0.6200

Trade Plan for Long (Buy):

Buy Between: $0.5750 – $0.5850

Stop Loss: Below $0.5600

Target Points:

Target 1: $0.5950

Target 2: $0.6000

Target 3: $0.6050

Quick Summary:

KNC is showing a bounce after a fall. If price stays above $0.5600 and breaks $0.5950, more upward move is possible. This setup is good for both futures and spot trades. Use stop loss to avoid big risk.