$KNC /USDT BEARISH SETUP AFTER SHARP REJECTION ⚠️📉

📌 Current Price: $0.4599

🔴 Resistance Levels:

$0.4800 (Major Supply Zone)

$0.4700 (Short-Term Resistance)

🟢 Support Levels:

$0.4555 (Immediate)

$0.4400 (Next Key Support)

📉 Market Outlook:

$KNC/USDT dropped nearly 20%, showing strong bearish momentum after rejection from the $0.5800 level. Price is currently hovering near support, but any bounce looks weak with bears in control.

🧨 Trade Setup – SHORT Entry:

📍 Entry: $0.4650

🎯 Take Profit (TP):

TP1: $0.4555

TP2: $0.4400

🛑 Stop Loss (SL): $0.4750

⚠️ Risk Management:

Limit risk to 1–2% of your capital per trade. Stick to SL without hesitation. Manage emotions and avoid chasing the move. 📊🧠

🚨 Bearish control active — stay alert & trade wisely! #ETHCorporateReserves #BinanceHODLerTree #DELABSBinanceTGE #ETHReclaims3800 #Write2Earn $KNC