$KGEN
is showing a SELL liquidation around $0.1604, putting the focus firmly on the resistance zone. Unlike the bullish setups above, this one needs confirmation before assuming the downside will continue.
If price repeatedly fails around $0.160–$0.165 and starts printing lower highs, sellers could regain control. But a strong reclaim above the resistance area would weaken the short thesis, so risk management matters here.
EP: $0.1580 – $0.1620
TP: $0.1510 / $0.1430 / $0.1350
SL: $0.1680
$KGEN is at a pressure point rejection keeps the bearish setup alive, while a clean breakout changes the entire structure.
is showing a SELL liquidation around $0.1604, putting the focus firmly on the resistance zone. Unlike the bullish setups above, this one needs confirmation before assuming the downside will continue.
If price repeatedly fails around $0.160–$0.165 and starts printing lower highs, sellers could regain control. But a strong reclaim above the resistance area would weaken the short thesis, so risk management matters here.
EP: $0.1580 – $0.1620
TP: $0.1510 / $0.1430 / $0.1350
SL: $0.1680
$KGEN is at a pressure point rejection keeps the bearish setup alive, while a clean breakout changes the entire structure.