$KMNO /USDT Bull run eart 💯🔥
BEARISH RETREAT – SELL PRESSURE BUILDING AFTER LOWER HIGH!
$KMNO is slipping after failing to sustain above the $0.05443 resistance. Price action shows a clear lower high formation, and selling pressure has taken over with consecutive red candles. Currently trading at $0.05368, a breakdown below $0.05249 could accelerate downside movement.
Trade Setup (SHORT):
Entry Price: $0.05360 – $0.05380
Target 1: $0.05270
Target 2: $0.05150
Stop Loss: $0.05470
Why Short?
Bearish divergence is forming on short timeframes, and the market failed to reclaim highs. Strong rejection wicks above $0.05440 indicate seller dominance. Bid/Ask data shows a 55.52% ask-side imbalance — hinting at increased sell pressure.
Risk Management Tip:
Keep a tight SL above $0.05470. Watch for a strong candle below $0.05290 for added confirmation before scaling in.
Sell smart — don’t chase green candles when the trend is turning red!
Bear the breakdown — weak bounces are traps, strong trends are trades!
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buy and tread here on $KMNO