$KGEN COILED ABOVE SUPPORT – BREAKOUT BIAS REMAINS BULLISH
$KGEN is trading in a tight equilibrium zone, holding firmly above MA(99) while MA(7) and MA(25) compress around price. This type of structure reflects controlled accumulation, not weakness. With volatility contracted and volume steady, the market is preparing for its next directional move — and the structure favors an upside resolution if buyers reclaim the local highs.
📈 Trade Setup
Entry Zone:
$0.262 – $0.265 (range support / MA cluster)
Take Profit Targets:
TP1: $0.270 (range high / first breakout test)
TP2: $0.285 – $0.290 (momentum expansion)
TP3: $0.315+ (trend continuation)
Stop Loss:
$0.258 (below structure & MA99 invalidation)
🔍 Short Market Outlook
Momentum: Neutral → bullish bias
Trend: Higher base forming above MA99
Key Support: $0.262 → $0.258
Key Resistance: $0.270 → $0.285
A confirmed break and hold above $0.270 would likely trigger rapid upside expansion. As long as $0.262 holds, dips remain constructive.
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