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Everyone is watching the big movers but $KGEN is lowkey putting in work.
We just hit a local high of 0.234 and the price action is actually looking pretty solid compared to the choppy mess we saw earlier. It found a nice floor around 0.205 and has been grinding up steadily ever since.
The current price is sitting at 0.231 and we’re seeing some small rejections at the top. If we can flip 0.235 into support, this has plenty of room to run. Volume is okay but we need a bit more participation to really clear this overhead resistance.
If we lose 0.223, I’ll be looking for a retest of the 0.216 area. Until then, the trend is our friend.
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