【$KNC Signal】Pullback to buy / Main force's bottoming intention is too obvious

$KNC 1H level shows a decrease in volume during the pullback to EMA20, confirmed on the right side. The 4-hour MACD fast and slow lines are opening upward, and the histogram is still expanding, indicating that the trend momentum has not exhausted. The order book in the 0.1630-0.1640 range shows buy orders far exceeding sell orders, fully exposing the capital support intention.

🎯Direction: Long

⚡Entry/Order: 0.1505 - 0.1544

🛑Stop Loss: 0.1470

🚀Target 1: 0.1841

🚀Target 2: 0.1990

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

Position size remains stable after a sharp price increase, with no signs of panic selling. The negative funding rate is as high as -1.76%, putting enormous pressure on short positions and creating potential for a short squeeze. The 1-hour RSI has fallen from a high level to 61, providing a healthy retracement space rather than a trend reversal. The combination of order book depth and position structure offers a risk-reward ratio of over 4 times, making it a good ambush opportunity.

View real-time market 👇 $KNC
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