$KGEN
KGENUSDT – Oversold Reversal Setup Building Near Support Zone
KGENUSDT is trading around $0.2506, showing early signs of stabilization after a corrective drop from $0.268. The price is now testing a key demand area near $0.248–$0.251, aligning with VPVR support and MACD flattening, indicating potential exhaustion in selling pressure.
Trade Plan
Entry (Long): $0.2490 – $0.2510 (accumulate near support for bounce setup)
Target 1: $0.2545 (volume resistance zone and EMA confluence)
Target 2: $0.2585 (next resistance / upper liquidity pocket)
Stop Loss: $0.2465 (below current support zone)
My View
KGEN is setting up for a short-term mean reversion bounce. With momentum shifting and volume stabilizing at the base, a move back to $0.255+ looks probable if bulls defend $0.248.
However, a break below $0.246 would invalidate the setup — so tight risk control is key.
Bias: Bullish near $0.250, Neutral below $0.246.
Disclaimer: This analysis is for educational purposes only and not financial advice. Always DYOR before trading.