$KNC Short Liquidation: $1.3498K at $0.23007
Short sellers were caught as KNC pushed higher with steady buying pressure. Price moved cleanly above the short pressure zone, triggering stop losses and forcing shorts to exit quickly. Liquidity was taken efficiently, showing buyers stepped in with control at this level.
Entry (EP): $0.22850
Take Profit (TP): $0.24600
Stop Loss (SL): $0.22180
Market Outlook:
$KNC is showing short-term bullish momentum after clearing weak short positions near support. If price holds above the liquidation level, further upside continuation toward nearby resistance is likely. Volatility remains active trade patiently and manage risk with strict discipline.