📉 $KNC Facing Heavy Rejection! Short Setup 🚨
After a massive pump, $KNC has faced a harsh rejection right near the $0.1938 mark. We are now seeing clear signs of weakness as sellers aggressively step in to take control after the spike.
This is shaping up to be a classic pullback scenario following a sharp upward move. If the price fails to hold above the critical $0.180 level, a downside continuation is highly likely. 🩸👇
📊 Trade Setup: KNC (SHORT)
🔴 Entry Zone: $0.1800 – $0.1850
🎯 Take Profit 1: $0.1700
🎯 Take Profit 2: $0.1600
🎯 Take Profit 3: $0.1500
🛑 Stop Loss: $0.1950
Trade smart and always manage your risk! Are you shorting this rejection or waiting on the sidelines? Let’s discuss below! 👇
KNCUSDT
Perp
0.1436
-7.71%
#knc #cryptotrading #BinanceSquare #ShortSetup #TradingSignals