$KNC
/USDT BULLISH TREND – LONG OPPORTUNITY
$KNC/USDT is showing bullish momentum after consolidating near support around 0.3820 – 0.3840. Price is approaching resistance at 0.3880 – 0.3888, and a decisive breakout could lead to further upward movement.
Trade Setup:
Entry (Long): 0.3845 – 0.3860
Target (TP): 0.3888, 0.3915, 0.3940
Stop Loss (SL): 0.3820
Technical Outlook:
Higher lows and steady buying volume suggest continuation of bullish trend.
Resistance near 0.3888 is key; a breakout above this level could confirm further gains.
Support levels are holding strong, providing a good risk-to-reward ratio.
Risk Management:
Use moderate position sizing to manage risk.
Adjust SL if price dips below support at 0.3820.
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