💰 Current Price: 0.19822 📈 Trend: Bearish trend continues | 1K candles have been formed 🎯 Tracking Line: 0.20053 ( Dynamic Stop Loss Reference ) Key Levels: Support 0.19745 / 0.19598 Resistance 0.20001 / 0.20481
Strategy: Price stays just below the downward trend line, and after the MACD death cross, momentum is significantly bearish. Watch for a rebound towards the 0.20053 trend line; if it fails to break above, it presents a shorting opportunity, with the trend line as the stop loss. Risk: If the price strongly breaks through 0.20053, the bearish trend may be hindered, so be alert for a quick rebound.
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📊 KGEN 15m Technical Overview
💰 Current Price: 0.19822
📈 Trend: Bearish trend continues | 1K candles have been formed
🎯 Tracking Line: 0.20053 ( Dynamic Stop Loss Reference )
Key Levels:
Support 0.19745 / 0.19598
Resistance 0.20001 / 0.20481
Strategy: Price stays just below the downward trend line, and after the MACD death cross, momentum is significantly bearish. Watch for a rebound towards the 0.20053 trend line; if it fails to break above, it presents a shorting opportunity, with the trend line as the stop loss.
Risk: If the price strongly breaks through 0.20053, the bearish trend may be hindered, so be alert for a quick rebound.