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$KGEN SHORT ALERT — 0.08000 SUPPORT UNDER THREAT!



Entry: 0.08425
SL: 0.09100

TP1: 0.08000
TP2: 0.07600
TP3: 0.07230

$KGEN is facing aggressive selling pressure after a sharp rejection from 0.10789. Despite its 23.59% daily gain, the recent price action shows weakening momentum as sellers push price lower. A breakdown below 0.08000 could trigger a deeper correction toward 0.07230.

Invalidation: A sustained recovery above 0.09100 weakens the bearish setup.
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KGENKGEN-5.46%

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Comment 5
ZkSyncRanger
0.08000 as support again, feels like deja vu from every L2 token I've watched bleed out. At least this one labels its invalidation clearly, half the threads I read forget that part entirely.
This is translate content: North Coin仁
The trend is gradually sinking lower, bit by bit
This is translate content: North Coin仁
Longs, be careful. If things don't look right, cut your losses immediately to avoid liquidation or getting deeply trapped
LightningRecycler
0.10789 rejection on volume divergence, classic distribution pattern. Channel liquidity fragmentation on my end makes me think about how thin orderbooks amplify these wicks.
Airdrop Check-in Officer
SL tighter than my monthly gas budget lol