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【$KGEN Signal】Short + Volume Breakout
$KGEN is experiencing a volume breakout and decline, with a daily drop of over 17%. Combined with high open interest, this presents a typical long liquidation/major player distribution structure.
🎯 Direction: Short (Short)
🎯 Entry: 0.278 - 0.285
🛑 Stop Loss: 0.295 (Rigid Stop Loss)
🚀 Target 1: 0.250
🚀 Target 2: 0.230
$KGEN Price drops sharply with high trading volume, indicating market logic suggests long liquidation or major player offloading. Price action shows selling pressure dominates, with no effective buying support. There is no clear demand zone below the current price, and downward momentum has not exhausted. Trading short in this trend follows the path of least resistance in the market.
Trade 👇 $KGEN
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