🔥 $KNC Impulsive Breakout → Early Rejection...
👉 Strong vertical pump
👉 Immediate rejection at highs = liquidity grab sign
🧠 Market Structure
Clean bullish expansion ✔️
Breakout from range ✔️
Now weak follow-through (important ⚠️)
Structure Bias: Bullish → Short-term correction likely
🔴 SHORT (High Probability Now)
Entry: 0.1850 – 0.1920
Stop Loss: 0.1980
Targets:
TP1 → 0.1750
TP2 → 0.1680
TP3 → 0.1600
👉 Expect pullback to fill imbalance