🚨 $KNC Skyrockets 100% – Can It Keep Climbing or Is a Reversal Coming?
$KNC /USDT is going vertical, now at $0.6539, with a jaw-dropping +102.95% gain in a single day! Backed by $104M volume and textbook bullish EMA alignment, this DeFi gainer is on every trader’s radar.
Trade Setup:
Buy Zone (Pullback Entry): 0.5820 – 0.6185
Stop Loss: Below 0.4989
Target 1: 0.6599
Target 2: 0.7550
Target 3 (Stretch): 0.7750
Market Insight:
KNC just made a parabolic breakout, but that also means potential for sharp reversals. All EMAs are stacked strongly, with price holding above EMA(7) — but this zone is fragile.
⚠️ Take quick profits and keep stops tight — parabolic runs like this don’t last forever!
#TradingStrategyMistakes #USCryptoWeek #ArbitrageTradingStrategy #BTCBreaksATH $KNC