KNC massive drop may occur

OKX:KNCUSDT   Kyber Network/Tether
Many people won't like this but we believe that KNC has been in a bearish distribution before the final capitulation .
Very similar to what LINK has been facing:

The capitulation may be just around the corner.
The sentiment seems to be more and more bearish and FUDs around BNB are not helping in the recovery process.

Buy area is shown on the chart

Nothing bullish now so not going to sugar coat here.

Good luck

💥 Free signals and ideas ➡ t.me/vfinvestment

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.