$KNC USDT

Current price around 0.13 zone showing weak with slight consolidation �

CoinCodex

#trend

Market overall bearish to sideways as most indicators still giving sell signals and price below major moving averages �

CoinCodex

moving averages

MA 7 below MA 25 and MA 99 indicating short term and mid term weakness

Price trading under MA levels shows resistance above

#RSI 6

RSI near 40 to 45 zone showing neutral to weak momentum not oversold not strong bullish �

MEXC

#Volume

Volume is low to moderate no strong breakout volume confirming weak trend continuation

#key levels

Support 0.128 to 0.130

Resistance 0.134 to 0.137 �

CoinCodex

breakout scenario

If price breaks 0.137 strong move toward 0.145 possible

If price loses 0.128 further drop likely

trade setup

Entry 0.130 to 0.133

Take Profit

TP1 0.136

TP2 0.142

TP3 0.150

Stop Loss

0.125

conclusion

Market weak but near support zone safe trade only on breakout or strong volume confirmation better avoid heavy leverage in current structure

KNC
KNCUSDT
0.1447
-5.91%