$KMNO USDT: Bullish Reversal Confirmed – DeFi Darling Eyes $0.08+ Breakout After Hammer Bounce
Technical Snapshot (Daily/4H):
$KMNO just nailed a classic hammer reversal at the $0.0550 multi-month demand zone, with today's +5.08% green candle closing near highs on surging volume (60.44M tokens). This flips the prior downtrend, reclaiming the 50-period EMA and key horizontal support now acting as a launchpad. RSI bouncing off 30 (oversold) with bullish divergence, MACD histogram flipping positive for the first time in weeks. The brief wick below $0.0550 was a liquidity grab—textbook shakeout before the markup phase. As Solana's top DeFi protocol,
$KMNO is riding ecosystem tailwinds with fresh integrations like Chainlink for tokenized stocks.
Trade Setup (Long – Strong R:R, 1-2% Risk):
- **Entry Range**: 0.0600 – 0.0615 USDT (current consolidation or pullback to EMA)
- **Target 1**: 0.0650 USDT (quick 8–10% to channel midline)
- **Target 2**: 0.0720 USDT (previous swing high + fib 0.382, ~18% move)
- **Target 3**: 0.0800 – 0.0850 USDT (major supply + psych level, 30–40% move)
- **Stop Loss (SL)**: 0.0545 USDT (below hammer low; R:R 1:5+)
Short Outlook:
Bulls are back in the driver's seat after capitulation at $0.0550 flushed weak hands. With $SOL stabilizing and DeFi TVL rebounding,
$KMNO 's utility (lending, vaults, governance) positions it for outsized gains—expect 20–50% upside in the coming weeks if $0.0650 holds. Bears need a close under $0.0550 to regain control, but that's low probability now. Long-term, could test $0.20 ATH by mid-2026 on Solana's growth. Accumulate on dips; this is DeFi's next leg up.
DYOR, NFA. Trade smart.
#KMNO #Kamino #SolanaDeFi #CryptoTA