📈 PRO TRADE SETUP & TECHNICAL OUTLOOK

$KNC

⏳ Optimal Entry: 0.151470

🎯 Take Profit (TP): 0.163588

🛑 Stop Loss (SL): 0.145411

⚖️ R:R Ratio: 1:2

The current price action reflects a successful retest of the key 200-period EMA support, following a precise liquidity grab that cleared trailing stop orders. This consolidation is further underpinned by a nascent RSI bullish divergence on the 4-hour chart, signaling potential for a strong move towards clearing immediate overhead resistance and targeting higher liquidity zones.

Are you anticipating a breakout above this current range, or are you waiting for more significant volume confirmation?

#KNC #DayTrading #Altcoins #BinanceSquare