KNC/USDT Technical Analysis – Daily Chart
📊 Current Price: $0.5941 (+81.02%)
24h High: $0.7550
24h Low: $0.3150
24h Volume: 190.83M KNC / 113.94M USDT
🔍 Chart Breakdown:
✅ RSI(6) = 96.98 😳
Extremely overbought — anything above 90 is rare and signals potential exhaustion.
This is unsustainable short-term, but could signal early-stage reversal if volume supports it.
✅ EMA Levels:
EMA(7): 0.3759
EMA(25): 0.3262
EMA(99): 0.3456
Price exploded past all major EMAs with a full breakout candle — super bullish in isolation.
✅ Volume Spike:
Volume at nearly 190M confirms strong buying pressure.
This is not just retail — likely whales or coordinated activity.
Be cautious of a potential dump after a vertical move like this.
🔄 Scenarios to Watch:
📌 If you're holding (already in):
Massive profit zone. Consider locking in some gains near current levels.
Watch $0.60–$0.65 as a likely zone for volatility or rejection.
Trail your stop or take partial profit to stay safe.
📌 If you're not in (want to enter):
DO NOT chase green candles. RSI is overheated.
Wait for a pullback to $0.42–$0.45 range (between 0.5 Fibonacci and EMA cluster).
Enter only on confirmation of support.
📉 Support & Resistance Levels:
Support Zones:
$0.42–$0.45 (pullback area)
$0.3450 (EMA99)
Resistance Zones:
$0.60–$0.75 (supply zone / current top)
Above $0.7550 = uncharted territory — watch for fakeouts
🧠 Summary:
KNC just had a parabolic move with huge volume and extreme RSI.
This could be the start of a larger trend or a short squeeze/pump event.
Stay disciplined — don’t FOMO, wait for a healthy retracement.
Momentum is strong, but caution is your best trading partner right now.
