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$KNC USDT is under strong selling pressure, trading around $0.1172 with a sharp 5.33% decline. Sellers are clearly dominating the market right now. Traders should watch the $0.1171 area closely, as continued weakness could bring another downside move. A strong recovery in volume and price is needed before bulls can regain control.

#Fed Chair reaffirms inflation fight #Ethereum faces $2,550 resistance #CLARITY Act procedural vote

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