$KNC /USDT Trading Signal - Pullback After Strong Rally

Current Price: $0.6099 (+10.11%)

Entry Range: $0.6050 - $0.6150

Target 1: $0.6250

Target 2: $0.6350

Stop Loss: $0.5900

Market Observations:

$KNC/USDT reached a high of $0.6352 before pulling back to $0.6099, showing signs of consolidation.

Strong upward momentum from $0.5426 suggests potential for continuation after this retracement.

Immediate resistance lies at $0.6250, with further upside potential toward $0.6350.

Trade Insights:

Enter within the range as the price consolidates post-pullback.

Take partial profits at $0.6250 and hold for a retest of the recent high at $0.6350.

Use a stop-loss below $0.5900 to minimize risks.

Watch for renewed bullish momentum!

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