⚠️ $KMNO /USDT – Sharp Sell-Off! Will Support Hold or Break? 🔻
KMNO is currently trading at $0.06420 (-4.99%), breaking below the mid-Bollinger Band and nearing the lower support line.
A consistent series of red candles shows strong bearish pressure, now testing the recent low of $0.06398.
If buyers don’t defend this key support, the next leg down could unfold rapidly. However, a bounce here could set up a quick scalp opportunity.
📊 24H High: $0.06846
📉 24H Low: $0.06398
🎯 Trade Plan (Scalp Strategy):
• Entry: $0.0640 – $0.0642 (watch for bounce confirmation)
• TP1: $0.0650
• TP2: $0.0662
• TP3: $0.0678
• SL: $0.0635
🔎 Strategy Tip: If price breaks below $0.0637 with volume, consider flipping to short with tight stop-losses.
Momentum is with the bears – trade with caution and confirmation only! 📉📈
