🚀 $KNC/USDT Long Setup – Bounce Incoming?

Kyber Network ($KNC) just printed a potential reversal candle on the 15-minute timeframe after bouncing from the EMA cluster support zone.

With increasing volume and a tight SL, this setup offers a clean long opportunity.

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🔍 Setup Details:

📍 Entry: $0.568 – $0.570

🎯 Target (TP): $0.717

🛡️ Stop-loss (SL): $0.514

📊 Risk/Reward: ~2.7R

Support confluence:

• EMA-50 holding strong

• Price reclaim after wick below

• RSI recovering from oversold zone (not shown here)

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🧠 Trade Logic:

This trade banks on:

• Local demand zone reaction

• Bounce confirmation + higher low

• Strong bullish impulse prior to pullback

If $KNC breaks above $0.59 with volume, expect continuation to $0.70+.