Hey Traders stay with me for a second, this chart tells a very clear story if you slow down and read it…
$KGST just printed a sharp impulse move to the upside and then faced an equally aggressive rejection, which is typical after a liquidity grab. Right now price is no longer dumping — it’s compressing. This tight sideways action around 0.0113–0.0114 shows sellers are losing strength and buyers are absorbing supply. That’s usually where the next decision move builds.
If price holds this base, a relief bounce is very much on the table. However, losing the current range support would mean continuation weakness, so risk management is key here.
Trade Setup
Long Entry: 0.01130 – 0.01140
Targets:
• 0.01180
• 0.01210
Stop Loss: 0.01100
Short outlook: only valid if price breaks and closes below 0.0110 — otherwise this remains a consolidation-before-move structure.
