🚀 Analysis and forecast for $KMNO : time to exit? 📈
As of May 20, 2025, 09:51 EEST, the rate $KMNO (Kamino Finance) on Binance is $0.07, with a 16% increase over the last 24 hours. The trading volume for the day reached $20M, and the market capitalization rose to $104M, indicating growing interest in this DeFi project on Solana. The increase may be related to recent integrations, such as Chainlink Data Streams, and optimism in the ecosystem.
Technically, $KMNO it demonstrates bullish momentum. On the 4-hour chart, the price broke through resistance at $0.065 and stabilized above the 50-day moving average ($0.06), which serves as support. The 200-day SMA ($0.055) confirms the uptrend. However, the RSI (14) at 72 signals overbought conditions, increasing the risk of a correction. The nearest resistance is $0.075, and support is at $0.068. A breakout above $0.075 could lead to a rise to $0.085, but a drop below $0.068 would increase pressure towards $0.06.
Forecast: in the short term (until the end of May), KMNO may correct to $0.065–$0.068 due to overbought conditions, but it retains growth potential to $0.10 by July 2025, supported by volumes and new updates, such as Kamino Lend V2. The long-term target for 2026 is $0.20 if the project strengthens its position in DeFi.
Time to exit? The current price of $0.07 looks high after a 16% jump. It is advisable to take some profits, especially if the target of $0.075 is close. Set a stop-loss at $0.068 to protect against a correction. For long-term investors, it is worth holding the position with a target of $0.085. Keep an eye on news and volumes! #KMNO #Binance #CryptoAnalysis
