$KMD /USDT BEARISH BREAKDOWN – WATCHING $0.0533 FOR LAST-LINE SUPPORT
KMD/USDT is currently trading at $0.0543 (-7.81%), under intense selling pressure after rejection from the $0.0597 high. Price is approaching critical support at $0.0533, and a breakdown here could lead to further downside in the short term.
🔍 Key Technical Levels:
Current Price: $0.0543
Resistance Levels:
$0.0560 – Intraday resistance
$0.0597 – Daily high
$0.0620 – Major resistance (supply zone)
Support Levels:
$0.0533 – Immediate and key daily support
$0.0500 – Psychological and historical support
$0.0465 – Next major downside target
📉 Trade Setup:
Short Setup (if $0.0533 breaks):
Entry: Below $0.0530 (confirmed by candle close on 1H/4H with volume)
TP1: $0.0500
TP2: $0.0465
SL: Above $0.0565
OR
Long Setup (only if $0.0533 holds with bounce signal):
Entry: Bounce confirmation from $0.0533 zone
TP1: $0.0560
TP2: $0.0595
SL: Below $0.0520
✅ Risk Management:
Limit risk to 1–2% of trading capital
Confirm support break or bounce before entering
Use tighter SL due to high volatility and weak market sentiment
📊 Note: KMD is in a clear downtrend, and this bounce or breakdown from $0.0533 will determine the next major move. Bears are in control, but bulls might step in for a short-term reaction near the support zone. Stay reactive and monitor volume + candle confirmation.
Need a trendline breakdown visual or EMA confluence? Just let me know!
#NODEBinanceTGE #BinanceAlphaAlert #USCorePCEMay #BinanceTGEXNY #BinanceTGEXNY $KMD