🟢 $KGEN BULLISH BREAKOUT SETTING UP
$KGEN just forced out $1.53K in short positions at $0.17098, a sign that sellers were caught offside as price pushed higher. Short liquidations often act as fuel for continuation when structure turns bullish.
Trade Setup
Entry zone: $0.168 – $0.173 on a light pullback or firm hold above $0.171.
Targets: $0.186 → $0.205 → $0.232 into the next resistance levels.
Stop Loss: $0.159 to manage risk if the breakout fails.
Market Sentiment
With shorts squeezed and buyers stepping in, momentum favors bulls while KGEN holds above the $0.17 support zone.
KGENUSDT
Perp
0.1715
-14.6%
