$KNC /USDT BULLISH CONTINUATION SETUP AFTER STRONG BREAKOUT
$KNC /USDT has printed a strong impulsive move from the 0.1300 demand base, breaking multiple resistance levels with expanding volume on the 4H timeframe. The structure has shifted decisively bullish, forming higher highs and higher lows while holding firmly above key moving averages.
The breakout above the 0.1550 resistance zone confirms momentum continuation. Price is now consolidating just below the recent swing high near 0.1710, suggesting accumulation before the next leg up. As long as the structure remains intact above the breakout zone, upside continuation remains the dominant scenario.
LONG SETUP
Entry Zone: 0.1580 – 0.1640
Stop Loss: 0.1480
Target 1: 0.1730
Target 2: 0.1850
Target 3: 0.2000
A clean breakout above 0.1730 with volume expansion can accelerate the bullish move. A breakdown below 0.1480 would invalidate the bullish setup and signal short-term weakness.
Risk Management:
Risk only 1–2% per trade. Secure partial profits at each target and trail stop loss to protect capital as price advances.
#TechnicalAnalysis #CryptoBreakout #KNCUSDT #TrendFollowing #RiskControl $KNC
