$KNTK Member Request $KNTK appears to be attempting a V-bottom recovery, where the sharp reversal off the lows reflects aggressive dip buying and a shift in short-term sentiment, but price is now stalling at overhead resistance after several weeks of sideways consolidation. This pause at resistance suggests supply is still present, and today’s bearish continuation candle highlights that sellers are actively defending this level, putting pressure on the recent advance. From a psychology standpoint, early longs from the lows are now testing conviction while late buyers risk getting trapped if follow-through fails. However, as long as ascending support aligned with the 50 EMA continues to hold, bulls maintain a constructive posture and have an opportunity to build a higher low within this base. Momentum showing signs of weakness to the downside which reinforces the need for patience (MACD not yet flattening out), as new entries are better positioned on a confirmed breakout above resistance, where demand proves it can absorb overhead supply and shift control more decisively back to the bulls. $ENLC $WES $MPLX $PAA $EPD $ET $KMI $TRGP $OKE $AM $DTM $ENB

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