$KGEN — Stabilizing at Support After Prolonged Sell Pressure

KGEN has experienced an extended downside move, but selling momentum is beginning to slow as price consolidates above a newly formed support area.

Holding this base could open the door for a short-term rebound toward higher resistance levels.

Trade Plan (Long Setup):

Buy Zone: 0.224 – 0.227

Take Profit 1: 0.235

Take Profit 2: 0.245

Take Profit 3: 0.260

Stop Loss: 0.219

Bias remains constructive while above support, though confirmation through volume expansion or structure reclaim is preferred before increasing exposure.

#KGeN #CryptoAnalysis #altcoins #TradingSetup #RiskManagement

KGENUSDT

Perp

0.20771

-1.62%