$KNC – STRONG REVERSAL FROM DEMAND ZONE – LONG TRADE SIGNAL

$KNC has rebounded sharply from the 0.5227 support after a prolonged downtrend, posting a 25% intraday gain. The structure now shows higher lows and bullish continuation candles, suggesting momentum may extend toward previous supply zones.

Trade Setup:

Long Entry: 0.5480 – 0.5510

Target 1: 0.5710

Target 2: 0.6020

Stop Loss: 0.5370

Short Outlook:

KNC is showing signs of trend reversal with strong volume and bullish price action. As long as the price holds above 0.5370, the bulls are likely to maintain control for a potential breakout continuation.

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