🔴 $KGEN Long Liquidation Alert 🚨
💥 Liquidation: $2.0582K
💵 Price: $0.17644
📉 Support:
• $0.1730
• $0.1695
• $0.1650
🚧 Resistance:
• $0.1800
• $0.1840
• $0.1900
🎯 Next Target: If $0.1730 breaks, $KGEN could slide toward the $0.1695–$0.1650 support zone.
📊 Market Read:
A $2.0582K long liquidation signals fresh selling pressure as bullish positions were forced to close. Holding $0.1730 could trigger a relief bounce, while a confirmed breakdown may extend the downside.
📌 Trading Plan:
🔻 Below $0.1730 → bearish continuation
🔼 Above $0.1800 → recovery signal
⚡ Pro Tip: Don't chase the liquidation candle. Wait for a confirmed reaction around support or a clean reclaim of $0.1800.
⚠️ Risk: Medium
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