$KMD has seen a significant price drop of 4.897% in the last 24 hours.
The price fluctuated between 0.1161 and 0.0836, indicating increased volatility.
Traders appear uncertain, as market sentiment is undefined amidst current movements.
The RSI at 40.24 suggests KMD is nearing oversold territory, hinting at potential for a bullish reversal.
With the price approaching support at 0.0836, a rejection could lead to a bounce back, while a break may point towards lower levels.
News cycles around regulatory developments could also heavily impact upcoming price action.