$KMD has experienced a 5.44% decline in the past 24 hours.
Currently, the price is hovering near the lower Bollinger Band at 0.0952, indicating potential oversold conditions.
If volatility is contracting, it may lead to a reversal or sideways movement.
Set a stop-loss just below 0.0952 to manage risk.
Key resistance is at 0.1065, where selling pressure could resurface.
Traders should consider waiting for confirmation of a reversal or setting alerts for a breakout above resistance.
