$KNC experienced a long liquidation of $3.71K at $0.11871, indicating that leveraged buyers were forced out of their positions. The liquidation reinforces bearish sentiment in the short term, with sellers maintaining control of the current market structure. If price fails to reclaim nearby resistance levels, further downside movement could follow as selling pressure remains elevated.



Entry: $0.1180 - $0.1200
SL: $0.1235
TP1: $0.1150
TP2: $0.1120
TP3: $0.1080
TP4: $0.1030

Momentum remains weak, and recent recovery attempts have been met with selling pressure. Watch support levels closely and trade with proper risk management.

Sell and Trade $KNC ‌
KNC-1.32%
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