$KGEN - Exhaustion is creeping in at the highs as heavy supply starts raining down near 0.2317. If 0.2197 snaps, the elevator could head straight to the basement 📉
Trade Plan: Short $KGEN
✅ Entry: 0.225 – 0.235
⛔ SL: 0.2462
🎯 TP: 1️⃣ 0.1767 | 2️⃣ 0.1426 | 3️⃣ 0.1126
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
The recent upside push is beginning to lose steam as price runs directly into heavy overhead supply near 0.2317. Larger players appear to be distributing into strength while buying momentum weakens with every attempt higher. If 0.2197 breaks, downside pressure could accelerate rapidly and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $KGEN
Trade Plan: Short $KGEN
✅ Entry: 0.225 – 0.235
⛔ SL: 0.2462
🎯 TP: 1️⃣ 0.1767 | 2️⃣ 0.1426 | 3️⃣ 0.1126
⚠️ Strategy: Adjust Quantities to that much you can afford to lose.
🧑💻 Why this Setup?
The recent upside push is beginning to lose steam as price runs directly into heavy overhead supply near 0.2317. Larger players appear to be distributing into strength while buying momentum weakens with every attempt higher. If 0.2197 breaks, downside pressure could accelerate rapidly and trigger a broad sweep of lower liquidity zones.
Click Here to Trade 👉 $KGEN