🔍 $KMNO /USDT Technical Overview
Current Price: $0.05436
7 EMA (short-term): $0.05387 → acting as near-term support.
25 EMA (mid-term): $0.05541 → currently a resistance barrier.
99 EMA (long-term): $0.06302 → trend remains bearish below this level.
📉 Market Structure:
KMNO is in a clear downtrend since mid-May.
Price is consolidating in a tight range between $0.053 and $0.055, showing low volatility.
It continues to trade below the long-term 99 EMA — bearish structure still intact.
🔮 Key Scenarios:
✅ Bullish Breakout:
If KMNO can reclaim $0.0555 with strong volume and hold above it, it could test $0.058 – $0.060 as the next local resistances.
❌ Bearish Continuation:
A breakdown below $0.05300 could trigger a selloff towards $0.0500 or even $0.0450.
Watch for volume spikes or long wicks in either direction to spot traps.
🧠 Strategy & Sentiment:
Any upside movement below the 99 EMA should be viewed as a potential relief rally, not a full reversal.
For safer long entries, a confirmed breakout above $0.063 is ideal.
Until then, expect range-bound choppiness and potential fakeouts.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!