Kyber Network/Tether

KNC massive drop may occur

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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:
LINK bearish distribution before the dump


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

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