📢 $KMD /USDT Market Update – $0.1875 (-0.53%)

📌 Current Price: $0.1875

📌 24H High: $0.1904

📌 24H Low: $0.1798

📌 24H Volume: 1.27M KMD / 234,424.27 USDT

📊 Technical Analysis

✅ Support Levels:

$0.1860 → Immediate support

$0.1798 → Stronger support

🚀 Resistance Levels:

$0.1904 → Immediate resistance

$0.1950 → Key breakout level

📉 Indicators & Trend Analysis

🔹 RSI: Neutral to slightly bearish

🔹 MACD: Showing weak downward momentum

🔹 Bollinger Bands: Trading near mid-range, indicating potential consolidation

📈 Trading Strategy

📌 Bullish Scenario:

A breakout above $0.1904 could push KMD/USDT toward $0.1950+

Sustained momentum may target $0.2000 - $0.2050

📌 Bearish Scenario:

Losing $0.1860 could lead to a test of $0.1798

Breaking below $0.1795 may signal further downside toward $0.1750

⚠️ Risk Management:

🔹 Stop-loss: Below $0.1795

🔹 Take profit: $0.1950 - $0.2050

🔍 Final Thoughts

KMD/USDT is in a slight downtrend, struggling to hold above $0.1875. A breakout above $0.1904 is required for a bullish push. However, if support at $0.1860 fails, a retest of $0.1798 is likely.

#Crypto #KMDUSDT #Komodo #Trading