$KMD USDT BEARISH MOVE – SELLERS TAKING CONTROL AFTER FAILED BREAKOUT

The recent chart for $KMDUSDT shows a failed bullish breakout above $0.0800, leading to aggressive selling pressure. Currently trading at $0.0644 (-3.16%), the pair is losing momentum as sellers dominate.

🔑 Key Levels:

Support: $0.0600 (major) / $0.0520 (24h low)

Resistance: $0.0700 / $0.0800 (recent high)

Current Price: $0.0644

🎯 Trade Setup:

Entry: Short below $0.0650 confirmation

Targets (TP):

TP1: $0.0605

TP2: $0.0550

Stop Loss (SL): $0.0690 (above resistance zone)

📉 Market Outlook: The bearish rejection from $0.0800 indicates buyers have lost strength, and unless $0.0700 is reclaimed quickly, further downside is expected. Volume spikes on red candles support the bearish bias.

⚠️ Risk Management: Always use strict SL, risking only 1-2% of your capital per trade to protect yourself from sudden reversal spikes.

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