🔥 Kyber Network $KNC Erupts — Breakout or Blowoff? Curren
koinmilyoner
Updated at: 6 hours ago
{"content":"🔥 Kyber Network $KNC Erupts — Breakout or Blowoff?
Current Price: $0.6067
MA Levels:
20 MA: $0.3385
50 MA: $0.3060
200 MA: $0.31
🎯 Targets:
🎯 Target 1: $0.70
Flash spike suggests algo/liquidity tap
May retest this level if sentiment stays aggressive
🎯 Target 2: $0.85 – $0.90
Pre-December 2024 consolidation zone
Requires sustained volume and a daily close above $0.70
🎯 Target 3: $1.10 – $1.20
Psychological resistance
Matches 2024 bull wave top — possible long-term breakout confirmation
📊 Technical Snapshot:
Massive breakout candle: likely short squeeze or news-based algo wick
All MAs have been left in the dust — strong momentum surge
Price action mirrors prior explosive rallies seen in KNC history
RSI divergence and volume confirmation should be monitored
⚠️ Not financial advice. In fast-moving setups like this, managing risk and using stops is essential.
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