$KNC REJECTION AT KEY RESISTANCE SIGNALS A SHARP RETRACEMENT AHEAD! š šØ
Entry: 0.1185 - 0.1195 ā”
Target: 0.1160 / 0.1145 / 0.1130 šÆ
Stop Loss: 0.1210 ā ļø
The recent rally into the 0.1200 psychological ceiling just slammed directly into heavy overhead supply. š Sellers aggressively defended this zone with high-volume rejection wicks, signaling that buyer exhaustion is setting in as momentum rolls over.
A breakdown from this current cluster opens the trapdoor for a swift leg down into lower liquidity zones. š Order flow is tilting heavy to the sell side as bulls lose control of the immediate market structure. š¬ Are you positioning for the short side here or waiting for deeper confirmation? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #KNC #ShortSetup #Trading #TechnicalAnalysis
š» š©ø
Entry: 0.1185 - 0.1195 ā”
Target: 0.1160 / 0.1145 / 0.1130 šÆ
Stop Loss: 0.1210 ā ļø
The recent rally into the 0.1200 psychological ceiling just slammed directly into heavy overhead supply. š Sellers aggressively defended this zone with high-volume rejection wicks, signaling that buyer exhaustion is setting in as momentum rolls over.
A breakdown from this current cluster opens the trapdoor for a swift leg down into lower liquidity zones. š Order flow is tilting heavy to the sell side as bulls lose control of the immediate market structure. š¬ Are you positioning for the short side here or waiting for deeper confirmation? š
ā ļø Not financial advice. Always manage your risk. š”ļø
š·ļø #KNC #ShortSetup #Trading #TechnicalAnalysis
š» š©ø