๐Ÿš€ STRONG UPTREND ACCELERATES: $KGEN / USDT +15%, BREAKS ABOVE MA(50)! ๐Ÿš€

$KGEN is powering higher, up +15.07% to 0.23973, and has achieved a critical technical milestone: a break and hold ABOVE the MA(50) at 0.21677. This confirms the medium-term trend has turned bullish. The move is backed by extremely strong underlying holder conviction (66.58% of open positions are long) and a powerful momentum shift.

๐Ÿ“ˆ BULLISH BREAKOUT CONFIRMATION:

ยท MA(50) Breakout: Price is now 10.5% above the MA(50), solidifying the breakout.

ยท Strong Holder Base: L.S. Positions show 66.58% Longs held โ€“ smart money is accumulating and holding.

ยท Powerful Momentum: Daily MACD has turned sharply POSITIVE (0.00807) โ€“ a strong buy signal.

ยท Overwhelming Buy Pressure: A staggering 89.82% of recent trades are BUYS, showing intense retail FOMO and momentum.

This is a classic trend-following setup: breakout above key MA, confirmed by volume (of trades), and strong momentum.

๐ŸŽฏ FORECAST: LONG ENTRY (Trend Continuation)

We are playing for the trend to continue now that the MA(50) breakout is confirmed. The target is a run towards the next resistance levels.

ยท Entry Zone (Pullback): 0.2320 - 0.2380 (Retest of breakout level as support)

ยท Aggressive Entry: 0.2395 - 0.2405 (At the 24h high breakout)

ยท Take Profit 1: 0.2497 (Next resistance)

ยท Take Profit 2: 0.2736 (Major swing high target)

ยท Stop Loss: 0.2250 (Back below the MA50 and breakout structure)

โš ๏ธ Extreme Overbought Short-Term Warning:

The RSI(6)is at an extreme 87.04, indicating the asset is severely overbought in the very short term. This suggests a pullback to the entry zone is highly likely and healthy. Do not chase at the very top. Wait for the dip.

Breakouts are validated on pullbacks that hold support. The 89% buy rate shows euphoria, which can lead to a sharp but temporary shakeout. Be patient for your entry.

Trade $KGEN / USDT on the Dip! Follow for Trend Confirmation Alerts! ๐Ÿ””โœ…

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