Thoughts on KWEB's range heading into month-end

Considering the recent price action in $KWEB, currently trading around 28.66, and the general sentiment around Chinese tech, I'd give it roughly a 60% probability of staying within the 28.00-29.50 range by month-end. While there's a good chance of consolidation, a significant break in either direction seems less likely given current news flow. We've seen resistance around 29.00-29.20 multiple times, suggesting sellers are present there, but bids seem to be stepping in consistently in the high 27s. Volume profiles also indicate a slight softening on attempts to push higher without a catalyst.