$KGEN (KGeN) has entered a definitive markdown phase as of December 24, 2025, currently trading near $0.231. The asset is struggling with intense bearish pressure, dropping approximately 5.29% in the last 24 hours as profit-taking accelerates following its recent failure to clear key overhead resistance. Since its October 2025 launch, $KGEN has plummeted nearly 62% from its debut highs due to technical glitches and early-stage distribution.
Technical indicators are overwhelmingly bearish, with the price rejected at the $0.222 Fibonacci retracement level. Despite the launch of the Aster Chain Testnet and new ecosystem rewards today, the market remains in "Extreme Fear," favoring Bitcoin over high-risk altcoins like $KGEN. The asset is currently pinned below its short-term moving averages, and a failure to attract buy-side volume—which has declined recently—suggests any relief rallies will be used as exit points.
Support and Resistance Levels
Immediate Resistance: A heavy supply wall is established at $0.222 – $0.250, where previous support has flipped to a formidable ceiling and the RSI(7) recently signaled overbought conditions.
Secondary Resistance: Stronger structural resistance sits at $0.29, a level that must be reclaimed to invalidate the current bearish channel.
Immediate Support: The price is currently testing a tactical floor at $0.18 – $0.20.
Critical Support: A breakdown below $0.179 is expected to trigger a rapid capitulation toward the all-time low of $0.141.
The overall trend remains a "sell the rip" scenario as the market braces for upcoming team and advisor unlocks that represent a significant portion of the remaining 80% non-circulating supply.
Short Trade Signal
Margin: Isolated 2% to 5%
Leverage: 20x – 50x
Entry 1: 0.235
Entry 2: 0.248
Take Profits:
TP1: 0.205
TP2: 0.145
Or Take Profit from 100% to 500% ROI
Stop Loss: 0.262
Short #KGEN Here
