$KMD /USDT – BULLISH BREAKOUT BREWING, EYES ON RESISTANCE RETEST!
Current Price: $0.0873
24H Range: $0.0828 – $0.0876
24H Change: +4.93%
Volume (24H): 2.36M KMD / 201,928 USDT
Technical Analysis
$KMD /USDT has shown a strong bounce from the $0.0828 support zone and is now testing near-term resistance at $0.0876. The recent 15-minute and 1-hour candles indicate strong bullish momentum with increasing volume, suggesting a potential continuation to the upside if the resistance is broken.
Key Levels
Support Levels:
$0.0850 – Minor support
$0.0828 – Key demand zone / recent low
Resistance Levels:
$0.0876 – Immediate resistance
$0.0905 – Next resistance to watch on breakout
Trade Setup – LONG POSITION
Entry: $0.0870 – $0.0873 (on confirmed breakout retest or consolidation above $0.0876)
Take Profit (TP):
TP1: $0.0905
TP2: $0.0938
Stop Loss (SL): $0.0848 (below minor support)
Market Outlook
KMD is currently in a short-term bullish phase with a chance to test the psychological $0.090 level. The overall long-term trend remains bearish, but current price action shows momentum building for a potential short-term rally. If bulls hold above $0.0876, the upside is open toward the next resistance.
Risk Management
Use no more than 1-2% of your capital per trade. Adjust position size based on SL distance. Avoid overleveraging—wait for a clean breakout retest for better confirmation.
#KMD #CryptoTrading #BinanceAnalysis #Altcoins #TradingSetup
