KGEN (KGeN) – Daily Market Update (1D) 📊
Price is trading near $0.1828 after a sharp pullback from the recent high at $0.2518.
MA(7): 0.2079 | MA(25): 0.1951
Price is below MA7 & MA25 → short-term bearish pressure
Large wick shows high volatility & aggressive profit-taking
Key Levels:
Support: $0.170 – $0.160 (critical)
Resistance: $0.200 – $0.230
🔎 Bias: Neutral to bearish unless price reclaims $0.20+ on a daily close. Holding above $0.17 is important to avoid deeper correction.
⚠️ Expect volatility to remain high.
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