$KNC /USDT – Bearish Reversal After Pump, Caution Ahead 💯 🔥 Don't Miss This Trade

$KNC saw a sharp spike from $0.44 to $0.62, followed by immediate rejection and heavy red candles. The current price at $0.5277 shows sellers are now in control. The structure signals a potential short setup if the downtrend continues.

Short Trade Setup

Entry Zone: $0.5300 – $0.5450

Stop Loss: Above $0.5600

Target 1: $0.5000

Target 2: $0.4750

Final Target: $0.4400

Pro Tip: Watch for weak bounces near $0.54. If price fails to reclaim momentum, the correction could deepen. Use tight risk management.

Trade here on $KNC