$KMNO JUST DUMPED TO NEW LOWS IS A REVERSAL IMMINENT?
$KMNO /USDT got hammered from $0.08296 down to a crushing low of $0.05813 bleeding nearly -30% in just days. Sellers are still dominating with 72.42% ask-side pressure, but the price is hovering near a critical support zone. Reversal hunters, keep your eyes peeled.
New Trade Setup – High-Risk Bounce Opportunity
• Entry Zone: $0.0585 – $0.0600
• Target 1 (TP1): $0.0635
• Target 2 (TP2): $0.0672
• Stop-Loss (SL): Below $0.0565
Volume is decent at 116.56M, but the structure is fragile. If $KMNO defends the $0.058 level and volume shifts green, a relief rally could kick in fast.
Pro Tip: Don’t catch the knife blindly wait for bullish structure or bottom wick confirmation before diving in. If this base holds, short-sellers could get squeezed!