$KGEN broke above the 0.08 level (current price 0.07965, now back below it). Next, there are two possible scenarios:
① If it retests 0.08 and holds → the level becomes support, with the 24h high of 0.09736 as the next target above
② If it falls back below 0.08 and fails to reclaim it → this was probably just a brief move higher, so don’t get too attached
I’m more focused on how it performs on the first retest.
① If it retests 0.08 and holds → the level becomes support, with the 24h high of 0.09736 as the next target above
② If it falls back below 0.08 and fails to reclaim it → this was probably just a brief move higher, so don’t get too attached
I’m more focused on how it performs on the first retest.