$KMNO /USDT ā Bullish Momentum Cooling Off? Watch for the Retest! šš
$KMNO surged from a low of $0.05099 to a high of $0.07300, delivering over +40% gains before facing rejection. The price is now retracing to $0.06579, sitting right on top of the MA(7) ā a key short-term support level. This zone could act as a bounce point or lead to further downside if broken.
š Technical Snapshot:
Strong rally with 7 straight green candles shows clear bullish strength.
Current red candles indicate healthy profit-taking after the peak.
MA(7) at $0.06625 now being tested ā next moves depend on buyer strength here.
š Trading Guide:
Bullish Scenario (Continuation):
Entry: $0.06450 ā $0.06600
TP1: $0.06980
TP2: $0.07290
TP3: $0.07550
Stop Loss: $0.06080
Bearish Scenario (Breakdown):
Entry (short): $0.06550 ā $0.06600
TP1: $0.06150
TP2: $0.05900
Stop Loss: $0.06820
ā ļø If KMNO holds above the 7MA with a bounce candle, bulls may reload for a retest of the top. Break below $0.064 could flip momentum to short-term bearish.
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