$KMNO / USDT Potential Short Reversal Trade Setup
Setup: Potential Short Reversal after a strong pump and testing resistance.
Entry: $0.0753 - $0.0755 (around the current price, looking for bearish confirmation)
Stop Loss: $0.0770 (just above the recent high)
Targets:
* $0.0730
* $0.0710
* $0.0690
Confirmation:
* Bearish candlestick forming after the pump to $0.0950.
* Decreasing buying volume.
* Price breaking below short-term support levels.
Risk/Reward: ~1:2 to 1:3+
Leverage: 1x-3x (high volatility, manage risk carefully)
Watch for: Strong bearish momentum to confirm the reversal. Be cautious if the price continues to rise above $0.0770.
Trade here: click $KMNO