$KMD
/USDT SLIPS UNDER PRESSURE – SHORT TRADE SETUP UNFOLDING!
$KMD /USDT is losing steam on the 15-minute chart, now trading at $0.0851 after a -1.62% drop. Despite previous attempts to rally toward $0.0866, the price continues to form lower highs with strong rejections, signaling short-side potential.
🔻 Bearish Technical Signs: • Price rejected multiple times near the $0.0860–0.0866 zone
• Descending structure forming = weakening bullish momentum
• Currently trading just above weak support at $0.0850
• Volume fading = lack of buying interest
📉 Short Trade Plan: • Entry Zone: $0.0850 – $0.0855
• TP1: $0.0840
• TP2: $0.0832
• TP3: $0.0820
• SL: $0.0867 (above recent high)
If $KMD fails to hold above $0.0850, expect increased sell pressure and a dip toward intraday support. Momentum favors sellers until a clear breakout above $0.0866 is seen.
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