$KNC is showing a strong bearish breakdown after losing its consolidation range, followed by a sharp impulsive move downward. The price failed to hold mid-range support and is now forming lower highs and lower lows, indicating continued selling pressure. Any minor pullback toward the entry zone can offer a shorting opportunity rather than chasing the move.

Entry Range: 0.1490 – 0.1520

Stop Loss: 0.1560

Targets:

TP1: 0.1450

TP2: 0.1400

TP3: 0.1350

Outlook: Market remains bearish unless price reclaims 0.1560 resistance. Continuation to downside is likely with weak buyer presence.