$KGST /USDT – BEARISH MOMENTUM PERSISTS, RISK OF FURTHER DOWNSIDE
$KGST is trading under pressure after failing to hold above the 0.0120 supply zone, followed by a steady decline toward intraday support. The recent rejection and increasing sell-side activity suggest that bears are still controlling the short-term structure.
📉 Market Next Move – Bearish Bias
Price is consolidating below key resistance while making lower highs, which signals continuation risk to the downside. Unless KGST reclaims 0.0118–0.0120 with strong volume, the next move is likely a breakdown toward deeper support levels. Current bounces appear weak and corrective.
🧩 Trade Setup (Short Setup Preferred)
Short Entry Zone:
➡️ 0.0116 – 0.0119
Targets:
🎯 TP1: 0.0110
🎯 TP2: 0.0105
🎯 TP3: 0.0099
Stop Loss:
🛑 0.0123 (Above resistance & bearish invalidation)
> Conservative traders can wait for a clear rejection near 0.0118 before entering.
🔍 Key Levels
Resistance: 0.0118 – 0.0121
Support: 0.0112 → 0.0105
Loss of 0.0112 could trigger accelerated selling.
🌐 Market Outlook
Overall outlook remains bearish in the short term. As a newly listed / low-structure asset, KGST may see sharp volatility. Until a strong reclaim above resistance occurs, rallies are likely to be sold into.
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buy and trade here on $KGST
