$KMNO TRYING TO RECOVER – CAN IT BREAK THROUGH RESISTANCE?
KMNO is trading at $0.05577, showing modest recovery after hitting a low of $0.05284. While price is ticking higher, several resistance layers are stacking up—any breakout attempt will need solid volume to succeed.
Key Levels to Watch:
Resistance Zones:
$0.05620 – Immediate minor resistance from recent candles
$0.05690 – Stronger zone with multiple rejections
$0.05770 – Pre-breakdown supply zone
Support Zones:
$0.05500 – Closest local support
$0.05360 – Previous bounce level
$0.05280 – 24h low and last-resort support
Trade Setup – Momentum Still Uncertain:
Bullish Setup:
A strong push above $0.05620 could open the door to higher levels.
Targets:
TP1: $0.05690
TP2: $0.05770
Bearish Setup:
If KMNO slips below $0.05500, downside pressure may return.
Targets:
TP1: $0.05360
TP2: $0.05280
Risk Management:
• Long SL: Below $0.05500
• Short SL: Above $0.05620