$KNC USDT BEARISH SHORT SETUP

$KNC USDT has failed to sustain above the 0.418 resistance and is currently showing weakness near the 0.40 zone. The rejection from higher levels along with increasing selling pressure suggests a possible continuation to the downside.

Trade Setup:

Entry (Short): 0.401 – 0.405

Target 1 (TP1): 0.397

Target 2 (TP2): 0.390

Stop Loss (SL): 0.419

Risk Management: Keep risk limited to 1–2% per trade, secure partial profits at TP1, and trail stop-loss once the first target is achieved.

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