Short Trade Alert: $KNC /USDT!🔥💯

💡 Market Overview: KNC/USDT is showing weakness, with the price currently at $0.6257. A bearish momentum is evident after failing to sustain the recent uptrend.

🎯 Trade Setup:

• Entry Point: $0.6240

• Take Profit (TP):

• TP1: $0.6150

• TP2: $0.6050

• Stop Loss (SL): $0.6330

📊 Risk Management: Position size carefully with a 1:2 risk-to-reward ratio. Avoid over-leveraging.

⚡ Analysis: Increased selling pressure confirms bearish continuation, targeting lower support zones near $0.6150 and $0.6050.

🚨 Action Plan: Execute the trade only on confirmation of a break below $0.6240. Adjust stop-loss levels to protect profits as the price moves in favor.

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