$KNC /USDT BEARISH MOMENTUM PERSISTING — SELLERS STILL IN CONTROL šŸ“‰

After a sharp rally to 0.6206, $KNC/USDT has faced consistent selling pressure, breaking below the mid-Bollinger band and heading towards the lower band. This confirms a continuation of bearish momentum unless strong support holds.

šŸ“Š Trade Setup:

Entry Zone: 0.4700 – 0.4750

Take Profit 1: 0.4540

Take Profit 2: 0.4330

Stop Loss: 0.4980

šŸ“ˆ Market Outlook:

With price moving near the lower Bollinger band and sellers dominating, the market remains under bearish pressure. A strong bounce will only be considered if price reclaims the 0.4980 resistance.

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