$KNC
/USDT Technical Analysis and Trade Signal🔥💯
Current Price: $0.6265
Momentum: Bullish (Price up +5.26%; trading near 24h high).
Indicators Overview:
RSI: Bullish (approaching overbought zone, but indicates strength).
MACD: Bullish crossover; positive momentum strengthening.
Support Level: $0.6169 (recent buyer interest).
Resistance Levels: $0.6281 (immediate), followed by targets below.
Trade Signal: Long (Buy)
Enter near $0.6265 if price holds above immediate support ($0.6169).
🎯 Targets:
1. T1: $0.6350 (short-term resistance, ~1.4% gain)
2. T2: $0.6450 (mid-range level, ~3% gain)
3. T3: $0.6550 (strong resistance, ~4.5% gain
Stop Loss: $0.5960 (to manage downside risk).
Momentum Confirmation: Trade signals remain valid if volume stays high and the price breaks above $0.6281 convincingly. Monitor closely for profit-taking opportunities at each target level.