$KMD Reclaims Support with Force – Is a Rally Brewing?
$KMD just bounced sharply off support and is now trading at $0.0681, up over +11%. The breakout above the $0.0645 level has triggered renewed momentum as bulls attempt to recover from recent drawdowns.
Key Price Levels
• Support Reclaimed: $0.0645 — Price has broken above this short-term resistance
• Immediate Resistance: $0.0700 — Watch for rejection or continuation
Trade Setup
Bullish Scenario – Continuation Above $0.0700
• Target 1: $0.0750
• Target 2: $0.0780
• Target 3: $0.0820
Bearish Rejection – Pullback Below $0.0645
• Target 1: $0.0610
• Target 2: $0.0580
Volume has surged with price action confirming a breakout structure. If momentum sustains, this could be the start of a reversal wave after prolonged downside pressure.