$KNC
Current: 0.5122 USDT (+18.5% today)
Bias & Outlook
Overbought Pullback Risk (~65% bearish)
RSI at ~96 signals extreme overbought on this short timeframe.
MACD histogram surged but may fade as momentum cools.
Bullish Flip Condition:
Sustained hold above 0.500 USDT on 15 min closes → sets up continuation.
Key Zones
Support
0.500–0.505 USDT (strong)
0.490–0.495 USDT (moderate)
Resistance
0.525–0.530 USDT (strong)
0.545–0.550 USDT (weak; only if momentum remains parabolic)
Trade Ideas
Short‑term Fade (expecting pullback):
Entry: 0.515–0.520 USDT
Stop Loss: 0.525 USDT
Targets: 0.505 USDT → 0.495 USDT
Bullish Continuation (if > 0.500 USDT):
Entry: 0.500–0.504 USDT
Stop Loss: 0.495 USDT
Targets: 0.530 USDT → 0.550 USDT (only if momentum stays super‑strong)
Keep an eye on volume: a sharp drop after the RSI peak would confirm the pullback, whereas steady buying supports the higher‑target scenario.
DYOR and Inshaallah we will make profit.
