$KMNO BEARS TAKING CONTROL AS KEY SUPPORT BREAKS
$KMNO is currently trading at $0.05329, showing strong downside pressure after failing to hold support around the $0.05430 zone. With volume rising to 972.61K, sellers are clearly dominating the move, pushing price into fresh local lows.
Key Levels to Watch:
• Resistance Zone: $0.05500 – $0.05580
A recovery above this range is required to shift momentum back to the bulls.
• Support Zone: $0.05280 – $0.05310
Currently under pressure—if this zone fails, further downside could accelerate.
Trade Setup:
• Bearish Entry: Breakdown below $0.05280
• Target 1: $0.05170
• Target 2: $0.05050
• Bullish Reversal Entry: Bounce above $0.05500 with confirmation
• Target 1: $0.05620
• Target 2: $0.05740
Stop-Loss Guidance:
• Shorts: Above $0.05450
• Longs: Below $0.05250
Watch for reaction near the $0.05300 mark—this level is critical for trend direction.