$KNC /USDT: Breaking Resistance – Opportunities Ahead! 🔥

Current Price: $0.6401

$KNC is consolidating near a critical resistance zone after a strong upward push. The price is hovering close to $0.6500, indicating a potential breakout that could open doors for the next bullish move.

Technical Highlights:

The 30-minute chart shows strong momentum building, signaling that a breakout above $0.6500 could trigger the next leg up.

Volume spikes and sustained price action will be key indicators to watch.

Trade Setup:

Entry: $0.6405 (wait for breakout confirmation above resistance)

Target 1: $0.6500 (initial resistance)

Target 2: $0.6600 (potential extended rally)

Stop-Loss: $0.6300 (below key support zone to manage risk)

This setup offers an attractive risk-to-reward ratio for short-term traders, ideal for capturing bullish momentum. Stay vigilant, monitor volume trends, and be prepared to act as $KNC gears up for potential action.

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