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$KNC / USDT Short Trade Signal!!⚠️
Current Price: $0.654724H Change: +9.43%24H High: $0.658924H Low: $0.5898
The
$KNC / USDT pair has seen impressive gains in the last 24 hours, marking it as one of the stronger performers in the market. Bullish momentum is pushing the price higher, indicating increased interest and positive sentiment among traders.
Technical Analysis (4H Chart)
The 4-hour chart shows consistent upward momentum with higher highs and higher lows forming. The current price is near its 24-hour high, indicating strong buying pressure.
Key Levels to Watch
Resistance:
$0.6600: Immediate resistance; breaking this level could see further gains.$0.7000: Psychological barrier and potential long-term target.
Support:
$0.6400: Recent breakout level; likely to act as support.$0.6000: Strong support if the price retraces.
Market Performance Metrics
24H Volume:
KNC: 7.66MUSDT: 4.86M
Long-Term Performance:
7 Days: +10.80%30 Days: -9.01%90 Days: +45.03%180 Days: +21.79%1 Year: -2.31%
The data reflects a strong recovery in the short and medium term, with significant gains over the past 90 days.
Trading Recommendations
🚀 For Bulls:
Watch for a breakout above $0.6600 for potential short-term gains.Target levels include $0.6800 and $0.7000 if the bullish momentum persists.
⚠️ For Bears:
Look for rejection around $0.6600 or $0.7000 for potential short opportunities.Target lower levels like $0.6200 or $0.6000.
Conclusion
KNC/USDT is showing strong bullish momentum, backed by solid volume and market interest. Traders should watch key levels closely for opportunities to capitalize on the ongoing trend.
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