KGEN/USDT — decision zone: bounce or continuation of decline?
Timeframe: 4H
Current price: 0.2748
The price has sharply corrected and is now testing EMA(99) — a key dynamic support. The context remains corrective, but signs of local oversold conditions are already present.
🔎 Indicators
EMA(21): 0.3036 / EMA(50): 0.2977 / EMA(99): 0.2791
Price is below EMA21 and EMA50 — bear pressure persists. EMA99 acts as the nearest support.
RSI(14): 36.4 / RSI(6): 23.2
Short RSI in the oversold zone → a technical bounce is possible.
MACD: in negative territory, histogram is strengthening downwards — the trend remains bearish for now.
StochRSI: at the lower boundary — a signal for a possible short-term bounce.
Volume: spike on the decline, now decreasing — a sign of weakening momentum.
📌 Key levels
Support: 0.272–0.275 / then 0.258
Resistance: 0.283 / 0.297 / 0.307
🧭 Trading plan
Main scenario — cautious long from support (counter-trend):
Entry (aggressive): 0.272–0.275
Entry (conservative): after consolidation above 0.283
Targets:
1️⃣ 0.283 (+3%)
2️⃣ 0.297 (+8%)
3️⃣ 0.307 (+12%)
⛔️Stop: 0.258
Alternative scenario — short:
Upon breakout and consolidation below 0.272 → target 0.258, then 0.240.
Trading 👉$KGEN
