$KMNO Under Pressure – Will Buyers Defend Support or Bears Take Control?
KMNO has dropped sharply by over -15% today, currently trading near $0.0858 after hitting lows of $0.0811. Despite the sell-off, price is holding just above short-term support, leaving the next move crucial for determining whether a recovery or further downside follows.
Key Levels to Watch
• Resistance: $0.0900 – A breakout above this level could open the path toward $0.0950 and $0.1000.
• Support: $0.0850 – Losing this zone could accelerate selling pressure toward $0.0820 and $0.0800.
Trade Setup – Be Prepared for Volatility
Bullish Entry:
A confirmed breakout above $0.0900 could target:
• TP1: $0.0950
• TP2: $0.1000
Bearish Entry:
A breakdown below $0.0850 could target:
• TP1: $0.0820
• TP2: $0.0800
Final Note
KMNO is at a make-or-break zone. Bulls must reclaim $0.0900 to regain momentum, while failure to hold $0.0850 may strengthen bearish control. Traders should stay alert as volatility around these levels is likely.
