$KGEN — Quiet Accumulation Turning Into a Breakout Play KGEN is trading at $0.2909, up +5.92%, and the chart is showing a classic bullish continuation after steady accumulation. Price is comfortably holding above MA(7) and MA(25), while MA(99) below continues to act as strong dynamic support — a healthy structure for upside continuation.
After rejecting near $0.2978, KGEN didn’t dump — instead, it compressed with higher lows, signaling seller exhaustion and buyer absorption. Volume expansion on the recent green candles confirms fresh participation, not late chasing.
As long as price holds above the short-term support band, the structure favors another push higher.
📊 Support: $0.280 – $0.282
(previous demand + moving average confluence)
🎯 Targets:
Target 1: $0.300 🥇
Target 2: $0.325 🥈
Target 3: $0.350+ 🥉
🔥 Bias: Bullish continuation. This looks like a coiled spring setup — a clean break above $0.30 could trigger momentum acceleration. Trade smart and manage risk. 📈💥
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#KGeN here