$KNC
/USDT Technical Analysis and Trade Signal🔥💯
Trend: Bullish Momentum
Current price: $0.6068
Resistance levels: Holding above $0.60 indicates bullish strength.
Indicators:
RSI: Neutral to slightly overbought (~65), suggesting moderate buying pressure.
Moving Averages: Short-term MA crossed above long-term MA, confirming uptrend.
Trade Signal:
Entry Zone: $0.6050 - $0.6100
Stop Loss: $0.5800
🎯 Target Levels
1. First Target: $0.6350
2. Second Target: $0.6700
3. Third Target: $0.7200
Momentum:
Bullish: Supported by increasing trading volume (+10.59%) and breakout above $0.60.
Caution: Monitor for a potential retracement if $0.6350 resistance holds or volume drops.