📊 Analysis of KNC/USDT 1D

🚀 Powerful breakout +125%
The price has sharply broken out upwards from a descending wedge, demonstrating an increase of more than 125% in a day!

🔍 Technical picture:
🔹 Figure: Descending wedge (bullish pattern) — the breakout upwards has been confirmed.

🔹 Breakout price: ~0.31 USDT

🔹 Current price: 0.72 USDT

🔹 Target by pattern: ~0.77 USDT (key resistance)

📈 Indicators:
☁️ Ichimoku: The price has broken above the cloud — confirmation of the bullish trend.

🔵 Parabolic SAR: The points have moved below the candles — support for growth.

📊 MA (7, 25, 99): All broken — signal of trend reversal upwards.

🧠 Conclusion:
📌 KNC is in a phase of active growth after a long consolidation. The level of 0.77 USDT is a key resistance zone, profit-taking is possible.

⚠️ We expect a correction or consolidation before the next impulse. A possible retest of the 0.50–0.52 zone is an interesting point for re-entry.

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