Currently, $KGEN is trading at 0.21352, demonstrating a confident increase of +17% over the past 24 hours. After an impulsive movement, the price entered a phase of local consolidation, which is typical for the market after a sharp increase in volumes. RSI (24h) = 55.73 — the indicator is in the neutral-bullish zone, with no overheating, leaving room for further upward movement.
From a technical standpoint, the price is held above the nearest support zone, and the market structure still maintains higher lows, indicating a continuation of the bullish scenario while volumes are preserved. However, the lack of overbought conditions also means the market is sensitive to news and overall sentiment regarding altcoins.
📈 Bullish scenario
Entry: $KGEN 0.205–0.210
TP: 0.225 / 0.245
SL: 0.200–0.195 (≈3–5%)
Upon a breakout and consolidation above 0.22, an accelerated impulse with increased volatility is possible.
📉 Bearish scenario
Entry: when losing $KGEN 0.200
TP: 0.185 / 0.170
SL: 0.205–0.210 (≈2–3%)
Risk recommendations: use a small % of the deposit, as the price moves, adjust the SL to break even — this is the key to stability in volatile altcoins.
💬 Write in the comments which scenario you consider to be a priority.
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