$KNC /USDT 4H Trade Setup
Market Insight:
$KNC surged +15.27% with strong volume, breaking through short-term resistance. Price is currently trading just under the MA(7), hinting at consolidation or a minor pullback before another leg up.
Entry Zone:
0.472 ā 0.488 USDT (buy zone on pullback toward MA(7) and structure support)
Targets:
šÆ Target 1: 0.520 USDT
šÆ Target 2: 0.540 USDT
šÆ Target 3: 0.565 USDT (next extension area)
Stop Loss:
0.454 USDT (below MA(25) and key support)
Key Levels:
Support: 0.472 / 0.454 / 0.445
Resistance: 0.520 / 0.540 / 0.565
Pivot: 0.494
Pro Tip:
KNC may retest the 0.472ā0.480 area for liquidity before moving higher. Look for bullish engulfing or hammer candles at the entry zone to confirm strength. Avoid entering mid-rally unless it cleanly breaks and holds above 0.520 with volume.
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