$KMNO – SHORT TRADE SIGNAL🔴
🔻 SHARP REJECTION FROM LOCAL HIGH
🔴 BEARISH ENGULFING NEAR RESISTANCE
$KMNO faced strong rejection at the $0.06170 level after a brief breakout attempt. A bearish engulfing candle has now formed, pushing price back below $0.06085 — confirming resistance and signaling a short opportunity. If bears maintain pressure, price may drop toward $0.05880 support.
Trade Setup:
• Entry Point: $0.06060 – $0.06085
• Stop Loss: $0.06170
• Take Profit:
• TP1: $0.05930
• TP2: $0.05880
• Margin: 2–3% of wallet
• Leverage: 10x
📉 Market Outlook: Expect further downside as rejection from resistance confirms weak momentum. Lower supports may be tested next.
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