$KMNO /USDT – BEARISH MOMENTUM PERSISTING
KMNO is trading at $0.05677, down -9.24%, hovering just above its 24h low of $0.05636 after a steep rejection from $0.06363. The chart structure shows consistent lower highs with growing bearish pressure and weak bounce attempts.
KEY LEVELS TO WATCH:
Support:
$0.05636 (24h low, immediate support)
$0.05450 (next support zone if breakdown continues)
Resistance:
$0.05770 (short-term resistance)
$0.05900–$0.06000 (major supply zone)
TRADE SETUP – SHORT POSITION
Entry: $0.05670–$0.05730 (current range or rejection on minor bounce)
Take Profit (TP):
TP1: $0.05636
TP2: $0.05450
TP3: $0.05280 (aggressive target if trend accelerates)
Stop Loss (SL): $0.05900 (above local resistance)
RISK MANAGEMENT:
Risk 1–2% of your capital. Use tight SL to avoid unexpected spikes. Wait for confirmation candle (15m or 1h) before entering
NOTE: Trend remains bearish with no clear reversal signals. Break below $0.05636 could trigger further downside. Caution advised
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