$KGEN is under pressure and remains vulnerable while sellers control the short-term structure. I’m looking for a bounce into resistance before considering a short. The setup works if that resistance continues rejecting price.
Trade Setup — SHORT
Entry Zone: 0.16928–0.17183
Stop Loss: 0.17608
Target 1: 0.16503
Target 2: 0.15992
Target 3: 0.15482
I’m not chasing the breakdown here.