$KNC STRONG RECOVERY OFF THE LOW WITH ROOM FOR CONTINUATION

Long $KNC

Entry: 0.1368 - 0.1380

SL: 0.1348

TP1: 0.1398

TP2: 0.1418

TP3: 0.1445

KNC put in a sharp reaction from 0.1329 and the bounce is now showing a more constructive sequence of higher lows. Price is reclaiming near-term demand and the next liquidity cluster sits overhead into 0.1400-0.1440. I favor continuation while 0.1348 holds because that keeps the rebound structure intact, and below that level the move starts looking like nothing more than a dead-cat bounce.

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KNC
KNCUSDT
0.1407
+4.45%