Current Price: $0.05996
24h Change: -5.52%
Trend: Bearish
The KMNO/USDT pair continues its downtrend, with the price currently trading below both the 7-day and 25-day moving averages. The recent support level of $0.05813 is being tested, and unless the price reclaims $0.06235 with strong volume, a bearish continuation remains likely.
Key Levels to Watch:
Support: $0.05800
Resistance: $0.06235 – $0.06587
Prediction (Till May 20, 2025):
Bearish scenario: Price may dip further to $0.056–$0.057 if support fails.
Sideways scenario: Consolidation between $0.058–$0.062.
Bullish reversal: Needs a breakout above $0.06587 with strong buying volume.
Trading Note:
Current signals show weakness — wait for a confirmed reversal or bullish pattern before entering long positions.
Stay updated and manage risk wisely!