KGEN (KGeN) โ Daily Market Update (1D) ๐
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 โ short-term bearish pressure
Large wick shows high volatility & aggressive profit-taking
Key Levels:
Support: $0.170 โ $0.160 (critical)
Resistance: $0.200 โ $0.230
๐ Bias: Neutral to bearish unless price reclaims $0.20+ on a daily close. Holding above $0.17 is important to avoid deeper correction.
โ ๏ธ Expect volatility to remain high.
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