📉 VERTICAL STALL! Kgen ($KGEN ) Rejects $0.188 Resistance After 6% Rally: Short Setup! [SHORT]
⚡ TRADE EXECUTION (KGEN/USDT Perpetual)
📉 ENTRY ZONE: $0.1835 – $0.1865
🛑 STOP LOSS (SL): $0.1915 (Above the recent liquidity wick and 24h high)
🎯 TARGET 1: $0.1740
💰 TARGET 2: $0.1675 (Major structural support floor)
🔥 WHY WE ARE SHORTING KGEN
KGen (KGEN) has reached a significant technical exhaustion point on the 1-hour timeframe as of February 19, 2026. After a steady vertical climb, the price action is signaling a potential "blow-off" top at a major supply ceiling:
Aggressive Wick Rejection: The price staged a rapid surge to a 24-hour high of $0.18871 but was met with immediate selling pressure, leaving behind a clear bearish upper wick. This rejection at the top of the range indicates that institutional supply is capping the upside.
MACD Overextension: On the 1-hour chart, the MACD is currently positive at 0.00107, with the DIF line (0.00339) well above the DEA (0.00232). However, the vertical nature of the MACD lines suggests a peak in momentum. A leveling off or contraction of the histogram bars would confirm the trend reversal.
Volume Exhaustion Signal: The move toward $0.188 was met with a localized volume spike (MA5: 2.68M KGEN), followed by smaller red candles. This "buying climax" often marks the point where demand is exhausted, leaving the price vulnerable to a sharp mean-reversion move.
Extreme Market Fear: Broad crypto market sentiment remains pinned in "Extreme Fear" (Index Score: 8–10). In this high-risk environment, independent altcoin gains (KGEN is up +6.26%) are frequently used by whales to distribute holdings, leading to rapid "long-squeeze" events back toward the base.
Technical Mean Reversion: KGEN is currently trading significantly above its recent consolidation floor near $0.16764. A retracement to "fill the gap" and test the previous support zone is the most likely technical outcome to neutralize the current
