$KMD /USDT – Bullish Momentum in Progress!
Momentum Analysis: KMD is showing a strong bullish momentum, currently up +5.32%. The price has bounced off the 24h low of 0.1798, heading towards resistance at 0.1948. The 24h volume suggests active participation, indicating further potential for movement.
Long Setup:
Entry Zone: 0.1921 (current price)
Targets:
T1: 0.1948
T2: 0.1952
T3: 0.1980
Stop Loss: 0.1876
Breakout Confirmation Level & Key Support: Watch for a breakout above 0.1948 for confirmation of further upside. Key support lies at 0.1876, if this level holds, it could act as a foundation for a continued rally.
Pro Tip for Traders: Watch for volume surges at resistance levels for breakout confirmation. If the price pulls back to 0.1876, it could present a good re-entry point for another leg up.
Relevant Hashtags: #KMDUSDT #CryptoTrading #BullishBreakout #Binance