$KNC USDT BEARISH RETEST IN PROGRESS! SHORT TRADE SIGNAL

LOWER HIGH CONFIRMATION BELOW $0.54

REJECTION CANDLES FORMING AFTER RELIEF BOUNCE

$KNC saw a brief relief rally but failed to reclaim the $0.54 zone, confirming it as resistance. Price is now grinding lower with weak bullish attempts, suggesting exhaustion. If $0.5227 breaks again, further downside is likely.

Trade Setup:

Short Entry: 0.5280 – 0.5320

Targets:

• TP1: 0.5205

• TP2: 0.5100

• TP3: 0.4950

Stop Loss: 0.5405

Market Outlook: Bearish structure remains intact below $0.54. Continuation to the downside is expected if volume picks up on breakdown.

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