$KGEN is currently trading around 0.2899, showing strong bullish momentum after a clean breakout from the 0.2576 support zone. Price has printed consecutive strong green candles on the 1H timeframe, supported by a clear volume expansion, signaling buyer dominance and trend continuation.
📈 Market Structure Insight
The chart reflects a solid impulsive move with multiple resistance levels already broken. This confirms strong buyer conviction. A brief consolidation near current levels is possible before the next bullish leg.
🎯 Target Levels
TP1: 0.3020
TP2: 0.3180
TP3: 0.3350
🛡️ Stop Loss
SL: Below 0.2720 to manage downside risk safely
📊 Key Levels to Watch
24H High: Near breakout zone
Current Mark Price: 0.2899
RSI (6): 69.05 → Strong bullish momentum, approaching overbought but still healthy
Momentum is clearly in favor of bulls. As long as price holds above the breakout zone, continuation remains highly probable.
💡 Is $KGEN gearing up for another explosive move from here?
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