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$KNC is approaching a resistance zone where upward momentum may start to weaken.
Trading Plan Short $KNC
Entry: 0.1515 – 0.1555
SL: 0.1590
TP: 0.1485
TP: 0.1455
TP: 0.1420
The recent price action shows fading continuation as KNC struggles to push higher with strength. Instead of a clean breakout, the structure suggests sellers are stepping in while buyers lose momentum at this level. If rejection forms here, a move toward lower support zones becomes likely.