$KNC /USDT Trading Signal - Consolidation After a Strong Rally

Current Price: $0.6115 (+10.88%)

Entry Range: $0.6100 - $0.6200

Target 1: $0.6300

Target 2: $0.6400

Stop Loss: $0.5900

Market Observations:

$KNC/USDT peaked at $0.6352 before pulling back to $0.6115, indicating potential consolidation.

The price is holding above the $0.6000 support level, showing strength.

A breakout above $0.6200 could signal another bullish move toward the previous high.

Trade Insights:

Enter within the range as the price consolidates, with potential for further upside.

Take partial profits at $0.6300 and hold for extended targets at $0.6400.

Use a disciplined stop-loss below $0.5900 to mitigate downside risks.

Watch for a breakout above $0.6200 to confirm bullish continuation!

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