🚨 $KMNO /USDT – Breakdown Alert Active!
$KMNO is currently trading at $0.06784, down 0.45% with a sustained bearish trend on the 4H chart. After failing to reclaim the $0.070 resistance zone, price has continued to trend lower, forming consistent lower highs and lower lows.
📉 Trade Setup – Bearish Bias Below $0.06700:
A clean breakdown below $0.06690 could open the door for a sharp drop toward $0.06500 and even $0.06300, especially if volume spikes and sentiment weakens further.
🛡️ Risk Management Plan:
Entry Trigger: Confirmed close below $0.06690
Stop-loss: $0.06900 (above previous wick highs)
Target 1: $0.06500
Target 2: $0.06300
📊 Pro Tip:
Watch for RSI divergence or strong bearish engulfing candles as added confirmation. The volume profile favors continuation lower if buyers don’t step in soon.
{setup}(KMNOUSDT)
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