【$KNC Signal】Pullback to buy, clear intention of capital support

After a huge bullish candle on the 4H timeframe, the price consolidates around 0.166. The 1H EMA20 is at 0.1574, and the current price has moved far away, making chasing high risk significantly increased. Market depth data shows very thick buy walls between 0.165 and 0.166, fully revealing the intention of capital support. The negative funding rate is as high as -1.57%, but open interest remains stable, indicating that bears have not actively exited, and there is potential for short squeeze fuel.

🎯Direction: Long $KNC Order (

⚡Entry/Order: 0.1527 - 0.1566

🛑Stop Loss: 0.1486

🚀Target 1: 0.1887

🚀Target 2: 0.2047

🛡️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.

The 1H MACD histogram is contracting, indicating a temporary slowdown in momentum, which is a healthy sign of a pullback. The upper band of the 4H Bollinger Bands is at 0.1703, and the price is currently in the upper half, with upside space already opened. Open interest remains stable after a surge, suggesting that new funds are not panicking and fleeing but are regrouping in the current zone. There are dense orders around 0.165 below, quickly absorbing selling pressure. This structure provides a foundation for a secondary rally after the pullback. The risk-reward ratio reaches 4, making this setup quite favorable.

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