The current trend of KGEN lacks a clear trading structure. This position is not very suitable for entry - the main reason is that the rise looks more like a corrective move, which means the risk of a fall could erupt at any time. The price needs to break through the key resistance at $0.25 to change expectations; otherwise, the probability of continuing downward is still considerable. From a chart perspective, there are currently no high-probability trading signals appearing.
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TaxEvader
· 12-21 03:45
0.25 can't be broken, it will definitely fall further.
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All-InQueen
· 12-21 03:28
Looking at this correction wave, I still want to wait a bit. If it can't break 0.25, then I have to run; there's nothing to be entangled about.
The current trend of KGEN lacks a clear trading structure. This position is not very suitable for entry - the main reason is that the rise looks more like a corrective move, which means the risk of a fall could erupt at any time. The price needs to break through the key resistance at $0.25 to change expectations; otherwise, the probability of continuing downward is still considerable. From a chart perspective, there are currently no high-probability trading signals appearing.