BOOM! $KMNO Short Liquidation Triggered!
A massive $4,112.5 worth of shorts got wiped out at $0.06385 — and that’s a serious wake-up call!
The bears just got liquidated, and the bulls are ready to ride. This could be the beginning of a major reversal or a trap for the greedy — here's the complete breakdown:
Technical Analysis (Unique & Organic)
Buy Zone:
$0.06120 – $0.06300
(Healthy accumulation zone. Watch for volume confirmation before entry.)
Targets:
1. Target 1: $0.06850 – Previous high resistance.
2. Target 2: $0.07300 – Breakout zone from last supply area.
3. Target 3: $0.07990 – Psychological barrier and profit-booking area.
Stop Loss:
$0.05890 (Below structure. Keep it tight and calculated.)
Why This Matters:
Shorts getting liquidated = Strong momentum brewing.
Watch out for volume spikes — this move could extend further than expected.
If bulls hold above $0.06385, we may see a parabolic recovery rally.
Caution:
Don't chase green candles. Let price come to your zone.
Ride the momentum, not emotions.
Let the $KMNO drama begin!
Bulls smell blood – are you ready to charge or watching from the sidelines?