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$KNC is pushing into a resistance band where the rebound may be losing strength
Trading Plan Short $KNC ( max 20x )
Entry: 0.151 – 0.159
SL: 0.170
TP: 0.143
TP: 0.132
TP: 0.121
The move higher looks increasingly stretched as continuation slows into supply instead of expanding with conviction. The structure suggests buyers may be getting absorbed while seller pressure builds overhead. If this zone holds, rejection could unfold into a broader downside rotation.