$KMNO /USDT BEARISH MOMENTUM CONTINUES – SELLERS PRESSURE REMAINS HEAVY
KMNO has broken down sharply after rejection near 0.057–0.058, and the recent price action shows strong bearish continuation. The failed recovery attempt at 0.0536 confirms that sellers are still in full control. Unless bulls reclaim higher ground, the market is vulnerable to deeper downside.
Trade Setup (Short):
Entry Zone: 0.0522 – 0.0525
Take Profit 1: 0.0505
Take Profit 2: 0.0485
Stop Loss: 0.0537
Market Outlook:
Momentum is weak after an -8% daily decline. As long as KMNO stays under 0.0535–0.0540 resistance, bearish sentiment will dominate. A breakdown below 0.0510 could trigger further downside toward the 0.0480 level. Bulls need a decisive breakout above 0.0540 to regain strength, otherwise short setups remain favorable.