$KMNO USDT – SHORT TRADE SIGNAL🔴
Strong Rejection From Local High
Bearish Wick Signals Exhaustion
$KMNO surged to $0.06175 but immediately faced sharp rejection, forming a long upper wick and selling pressure back below $0.061. This kind of failed breakout and quick reversal suggests weakness and a likely retracement to lower support levels.
Trade Setup:
• Entry Point: $0.06080 – $0.06100
• Stop Loss: $0.06190
• Take Profit: $0.05960 – $0.05900
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook:
Momentum flipped bearish after the spike was quickly sold into. A breakdown below $0.0605 may accelerate downside back to $0.059 zone.
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