$KNC is currently navigating a trading environment characterized by specific support and resistance levels. The immediate support level is at $0.41 which has shown resilience in recent price tests. Additional support levels can be found at $0.38, On the resistance side, #KNC faces immediate resistance at $0.54, followed by significant hurdles at $0.58, $0.61 (which aligns with a Fibonacci extension). A successful break above these resistance levels could indicate a bullish trend, while failure to maintain support above $0.30 could lead to bearish momentum.
