$KGEN 23:00 That 1-hour candle peaked at 0.069, surpassing the previous high of 0.0669, but closed back at 0.0664. The upper wick was about 57%, and volume was roughly 230,000 U, 4.94 times the usual amount.

After that spike and pullback, I’d rather go short.

Short entry: 0.0664
Stop-loss: 0.0693
Take-profit: TP1 0.062, TP2 0.0577

$KGEN Its market cap is only 19.2 million. That spike didn’t hold, but I wouldn’t chase a short if it moves higher.

#KGEN #山寨币 #Contract

This is not investment advice