๐ด $KNC SHORT CONFLUENCE ON THE 15M - LEVELS IN PLAY! ๐
Entry: 0.1101 โก
Target: 0.1092 / 0.1083 / 0.1074 ๐
Stop Loss: 0.1119 โ ๏ธ
๐ The 15-minute structure is breaking cleanly with RSI at 42.5 and both EMA20/50 stacked bearishly. Price is sitting above a demand zone that smart money likely used to distribute โ but momentum is clearly shifting. ๐ Volume rising on each retrace rejection confirms sellers are absorbing bids efficiently.
๐ This isn't a fade; it's a systematic breakdown. The HH bias from higher timeframes is losing steam, and these micro-levels offer a sharp risk-to-reward for a measured move lower. ๐ฌ Will you short the first breakdown or wait for a retest of the entry? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #KNC #ShortSetup #Bearish #Crypto #TechnicalAnalysis
๐ด ๐
Entry: 0.1101 โก
Target: 0.1092 / 0.1083 / 0.1074 ๐
Stop Loss: 0.1119 โ ๏ธ
๐ The 15-minute structure is breaking cleanly with RSI at 42.5 and both EMA20/50 stacked bearishly. Price is sitting above a demand zone that smart money likely used to distribute โ but momentum is clearly shifting. ๐ Volume rising on each retrace rejection confirms sellers are absorbing bids efficiently.
๐ This isn't a fade; it's a systematic breakdown. The HH bias from higher timeframes is losing steam, and these micro-levels offer a sharp risk-to-reward for a measured move lower. ๐ฌ Will you short the first breakdown or wait for a retest of the entry? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #KNC #ShortSetup #Bearish #Crypto #TechnicalAnalysis
๐ด ๐