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KGEN is still a position worth entering. Why do I say that? The wave of dumpings by airdrop participants has basically come to an end, and the next trend will depend on the market maker's rhythm. The previous mindless selling pressure probably won't happen again—after all, the trapped positions need to be cleared out.
The current price has a high chance of rebounding from the bottom. Those who relied on airdrops to get in back then have already exited, and the market's chips are now relatively stable. This is often the golden period for major players to quietly accumulate, and when the trading volume picks up, the price surge can be very strong.
If you have confidence in this token, consider allocating some within this range. The battle for bottom chips has just begun, and those who seize this opportunity shouldn't be disappointed with the returns later. Of course, you should also assess the risks carefully.