$KNC Signal】Pullback to add long / short squeeze structure


$KNC 1H timeframe consolidating at high levels, 4H MACD above zero with strong bullish momentum, but 1H MACD histogram contracting, indicating a short-term pullback is needed. Negative funding rate of -1.3% combined with stable open interest suggests significant pressure on short positions.

🎯Direction: Long

⚡Entry/Order: 0.1553 - 0.1593

🛑Stop Loss: 0.1508

🚀Target 1: 0.1933

🚀Target 2: 0.2103

🛡️Trade Management:
- Execution Strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.

Order book depth is clearly solid, with dense orders below 0.165 forming a support base. The 1H RSI has pulled back from overbought levels to a healthy zone, preparing for another upward move. The 4H price has already broken above the upper Bollinger Band, and the trend channel remains intact. In this negative funding rate environment, the price resilience often indicates that the momentum from short covering has not yet been fully released.

View real-time market 👇 $KNC
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