$KMD

USDT BEARISH BREAKDOWN – SELLERS DOMINATE THE MARKET 🔻

$KMDUSDT has broken below multiple support levels with strong bearish candles on the 1H timeframe. This indicates intense selling pressure, suggesting further downside potential if bulls fail to reclaim immediate resistances.

🔑 Key Levels:

Support: $0.0420 (next critical support)

Resistance: $0.0460 and $0.0500

Current Price: $0.0438

📉 Trade Setup (Short Entry):

Entry Zone: $0.0440 – $0.0450

Take Profits:

TP1: $0.0425

TP2: $0.0400

TP3: $0.0375

Stop Loss: $0.0470 (above resistance zone)

🌐 Short Market Outlook: KMD is in a clear downtrend with no strong reversal signals yet. As long as price remains below $0.0460, the bearish structure will remain intact, and sellers will continue targeting deeper lows towards $0.0400 and below.

⚠️ Risk Management: Stick to a strict stop loss to avoid sudden reversals. Risk only 1-2% of your capital per trade and wait for bearish candle close confirmation before entering shorts.

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