-18% bloodbath alert! $$KGEN surged to 0.23 this morning and then plummeted to 0.185, with a 24h trading volume of 21 million dollars. But please note: last night's hawkish statement from the Federal Reserve suppressed the crypto market, and BTC's sharp drop triggered panic selling of altcoins. $KGEN instead saw a 5-minute level volume rebound near 0.185 – behind it, a market maker address accumulated 3.16 million tokens at the bottom. The long/short ratio has jumped from 1:2 to 1:1.4.

Quantitative signals say three things: First, the current price of 0.189 is only 7% away from the strong support at 0.175, but 42k tokens have accumulated in unexecuted sell orders between 0.21 and 0.23, making rebound resistance extremely high. Second, the 4-hour MACD death cross is narrowing. If BTC holds above 28,000 after the US stock market opens tonight, $KGEN may take the opportunity to pull back to 0.2. Third, on-chain data shows two transfers of over 500k tokens each to a pooled trading address within 2 hours, likely market dealers warming up for the move.
In terms of operation, I have just one sentence: Lightly go long at 0.185-0.188, set stop loss at 0.178 (leave immediately if it breaks), target first at 0.21, then reduce half at 0.215, keep some to aim for 0.23. If it is still consolidating below 0.19 at 8:00 tomorrow morning, close the position regardless of profit or loss. Don't ask me why, last week's experience of ARB dying from a similar pattern is still fresh.
Honestly, I've been watching this coin for three days. It has a very high degree of control but poor liquidity. Don't exceed 3% of your position. Did you catch this trend?