KNC (KNC/USDT) — Weekly Reclaim Signals Structural Shift

KNC has posted a significant structural shift after sweeping its April 2025 low and reclaiming the weekly support zone on a closing basis. This move often marks a transition from distribution to reaccumulation.

Key Technical Points:
- Weekly Support Reclaimed: $0.41
- Target: $0.51
- Structure: Higher-timeframe reversal setup

A bullish retest of the reclaimed support could confirm a fresh accumulation base. If the structure holds and price breaks the series of lower highs, momentum could accelerate toward $0.51 — the next major resistance zone.

Volume behavior suggests stabilization, hinting that sellers are losing strength as the pair establishes footing. Maintaining the reclaimed weekly level is critical for confirming trend reversal potential.

As long as KNC holds above $0.41, the overall bias remains bullish, with continuation toward $0.51 becoming increasingly likely.