$KMNO STRUGGLES AT RESISTANCE – PULLBACK IN PLAY
$KMNO/USDT is currently trading at $0.05292, pulling back after failing to break above the key resistance near $0.05330. Despite a strong early push, price momentum has cooled, and bears are starting to show presence with a short-term rejection candle forming.
Key Technical Levels:
• Immediate Resistance: $0.05330 – This remains the ceiling bulls must clear for further upside.
• Immediate Support: $0.05250 – Currently holding as a short-term floor.
• Secondary Support Zone: $0.05200 – If broken, it could lead to accelerated selling.
Trade Setup – Consolidation With Bearish Bias
Bullish Scenario:
• Entry: On confirmed breakout above $0.05330
• Targets:
TP1: $0.05420
TP2: $0.05500
• Stop-Loss: Below $0.05250
Bearish Scenario:
• Entry: On breakdown below $0.05250
• Targets:
TP1: $0.05200
TP2: $0.05130
• Stop-Loss: Above $0.05330
Watch closely—a decisive break above $0.05330 could revive bullish momentum, but if $0.05250 gives way, expect more downside.
