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KGEN has been stuck in a consolidation zone hovering around $0.20, repeatedly failing to break through the $0.24–$0.25 resistance area. The token continues to face selling pressure at these upper levels.
For bulls to regain control, a decisive close above $0.21–$0.22 would be needed to unlock further upside potential. However, if selling pressure intensifies and support at $0.19 gives way, weakness toward $0.17 becomes a real possibility.
Right now, the key is watching whether buyers can defend the current range or if momentum shifts lower.