I’m watching $KGEN closely right now. After a sudden volatility spike, price saw a sharp flush, but what stood out was the aggressive bounce that followed. Buyers reacted quickly, and in the short term the market structure has started to flip bullish.
This kind of price behavior usually signals momentum reloading, especially when sellers fail to push price lower and demand steps in fast. As long as price holds above the recent support zone, the bias remains to the upside.
📍 My area of interest: 0.195 – 0.205
🎯 Upside levels I’m watching:
• 0.220
• 0.235
• 0.260
🛑 Invalidation: Below 0.185
This is a high-momentum setup, so risk management is key. I’ll be managing the trade actively and trailing stops if price continues to move in my favor.
