I didn't see this until now, kind of wish you pinged me on this message
I really don't know if that's necessary. In Stage 1 much of the stronger characters of the current roster could one-shot him, and he isn't able to absorb one-shot attacks
There's also characters with abilities he doesn't have great counters too, such as Charlotte's BFR, Sonic's Time Manipulation, Kirby, ect. His abilities should still be fairly balanced, they aren't all that broken. His KE absorption reduces damage, but not by that much, nor is it a super noticible strength boost in the middle of a fight. He also has crappy range and is mostly a melee fighter, so outranging him is a viable win-con for most characters
I think we can keep him at Stage Two, I don't think it will be that unballanced as most of the contestents still have higher AP and hacks that could counter him