$KMD
USDT BEARISH BREAKDOWN – SELLERS STILL IN CONTROL
$KMDUSDT is currently trading at 0.0401, showing strong downside momentum after repeated rejections near resistance levels. The market remains under bearish pressure with minimal signs of reversal.
🔑 Key Levels:
Resistance: 0.0440 – 0.0460
Support: 0.0388 (recent low) and psychological support near 0.0380
Current Price: 0.0401
📉 Trade Setup (Short):
Entry: 0.0402 – 0.0410
Targets: TP1: 0.0390, TP2: 0.0385
Stop Loss: 0.0420
💡 Market Outlook:
The pair continues to form lower highs and lower lows on the 1H timeframe. As long as it remains below the 0.0420 pivot resistance, bears are likely to push the price towards deeper supports. Buyers need a confirmed breakout above 0.0440 to negate this trend.
⚠️ Risk Management:
Always use strict stop loss. Risk only 1-2% of your capital per trade to sustain drawdowns effectively in this volatile environment.
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buy and trade here on $KMD