$KMNO SLIDING LOWER WITH NO STRONG FLOOR IN SIGHT!
$KMNO/USDT is trading at $0.05570, down -4.36%. The price has broken key support and continues to bleed, with lower highs and lower lows. Bears are clearly in charge unless a sharp reversal kicks in.
Key Levels:
• Resistance: $0.05630 – $0.05670
• Support: $0.05550 – $0.05560
Trade Setup:
Bearish Scenario
Entry: Breakdown below $0.05550
Targets:
• TP1: $0.05480
• TP2: $0.05400
Bullish Scenario
Entry: Break above $0.05670
Targets:
• TP1: $0.05740
• TP2: $0.05810
Stop-Loss:
• Long: Below $0.05550
• Short: Above $0.05670
$KMNO is trending downward with weak volume support for a reversal. Bulls must reclaim $0.05670 quickly, or deeper levels may get tested soon.