【$KNC Signal】Pullback to add longs + 1H level retest confirmation, main force clearly supporting the market

$KNC After experiencing a massive rally, the 1H level is undergoing a healthy correction, with the price retracing to near the key EMA20 (0.1521). The 4H level has formed a strong breakout structure, and the current pullback shows decreasing volume, with open interest (OI) remaining stable, indicating that the main force has not exited. This is a typical strong consolidation. The order book depth imbalance (8.92%) favors buyers, with dense support below.

🎯 Direction: Long (Long)

⚡ Entry/Order: 0.1517 - 0.1525

🛑 Stop Loss: 0.1490

🚀 Target 1: 0.1600

🚀 Target 2: 0.1680

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks through Target 2, consider leaving part of the profit as a trend order, tracking the 4H EMA20 as a trailing stop.

Depth Logic: A single massive bullish candle on the 4H level establishes an uptrend. Currently, the 1H RSI (55.51) has fallen from high levels to a neutral zone, preparing for another rally. The key point is that despite the price retracing from the high, OI remains stable, and the funding rate is as high as -1.2576%, indicating strong potential for a short squeeze. The order book shows large buy orders in the 0.1515-0.1520 range, forming a strong support zone.

View real-time market 👇 $KNC

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