$KMNO /USDT TECHNICAL ANALYSIS: STRONG BULLISH MOMENTUM WITH POTENTIAL FOR BREAKOUT ABOVE $0.075
$KMNO /USDT pair has shown a strong 27.76% price surge over the past 24 hours, currently trading around $0.07124 after hitting a daily high of $0.07200 and a low of $0.05490. This significant upward movement, backed by high trading volume (158.37M KMNO), suggests strong bullish sentiment in the market.
Key Technical Observations:
Support Levels:
Immediate support at $0.06500,
Stronger base forming near $0.06000–$0.05500.
Resistance Zone:
Next resistance lies around $0.07500,
A breakout above this could push price toward $0.08000+.
Volume Confirmation:
A 24h USDT volume of $10.39M shows growing accumulation.
Market Structure:
Higher highs and higher lows forming on 15m and 1h charts support a bullish continuation.
Conclusion:
If momentum holds and KMNO/USDT breaks above $0.075, a quick rally toward $0.080–$0.085 is likely. Watch for pullbacks near $0.065–$0.060 as potential re-entry zones.
Trend Bias: Bullish
Breakout Level: $0.075
Short-term Target: $0.080 – $0.085
Support Zone: $0.065 – $0.060
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