🚨 $KMD
USDT BEARISH GRIND – BULLS STRUGGLE TO DEFEND KEY SUPPORT LEVELS!
$KMDUSDT continues to bleed slowly, currently trading at 0.0540 (-5.76%). Despite minor intraday bounces, sellers remain dominant, driving prices lower towards critical support zones.
🔑 Key Levels:
Resistance: 0.0560 – 0.0580 zone
Support: Immediate at 0.0533 (24h low), extended at 0.0500
Current Price: 0.0540
📉 Trade Setup (Short):
Entry Zone: 0.0545 – 0.0555 (if minor pullback retest occurs)
Take Profits:
TP1: 0.0533
TP2: 0.0500 (if further breakdown continues)
Stop Loss: 0.0560
🔎 Market Outlook: The 1H chart is showing consistent lower highs and lower lows, indicating that the bearish trend remains intact. Without a clear reversal candle or bullish engulfing breakout above 0.0560, further downside continuation is expected.
⚠️ Risk Management: Always risk only 1-2% of your trading capital per setup. Stick to your stop loss and avoid emotional exits to maintain strong discipline in volatile low-cap tokens.
🔥 Comment ‘🩸’ if you think bears will keep squeezing KMDUSDT further down! Stay patient and strategic in your entries.
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buy and trade here on $KMD