$KNC
Rejection at High ... Short Opportunity
KNC SHORT
Entry Range
$0.1800 – $0.1850
Stop Loss
$0.1950
Take Profit
TP1 $0.1700
TP2 $0.1600
TP3 $0.1500
Why this setup
$KNC made a strong pump but faced rejection near $0.1938. Price is now showing weakness with sellers stepping in after the spike. This looks like a classic pullback after a sharp move. If price fails to hold above $0.180, downside continuation is likely.
Rejection at High ... Short Opportunity
KNC SHORT
Entry Range
$0.1800 – $0.1850
Stop Loss
$0.1950
Take Profit
TP1 $0.1700
TP2 $0.1600
TP3 $0.1500
Why this setup
$KNC made a strong pump but faced rejection near $0.1938. Price is now showing weakness with sellers stepping in after the spike. This looks like a classic pullback after a sharp move. If price fails to hold above $0.180, downside continuation is likely.
