$KMNO /USDT BEARISH ANALYSIS – WEAK MOMENTUM WITH LOWER LOWS FORMING
Current Price: $0.05612
24H Change: -2.42%
24H High / Low: $0.05795 / $0.05526
Volume (KMNO): 32.62M
Volume (USDT): $1.84M
TECHNICAL OVERVIEW:
$KMNO/USDT is currently trading near the lower end of its 24h range, indicating bearish sentiment. The price has been rejected from the $0.058 area and is forming lower highs and lower lows, a classic downtrend structure. Weak volume confirmation adds to the probability of continued downside.
KEY LEVELS TO WATCH:
Resistance Zones:
R1: $0.05700
R2: $0.05795 (24h high)
R3: $0.05850 (major resistance)
Support Zones:
S1: $0.05526 (24h low)
S2: $0.05400 (next support)
S3: $0.05250 (previous accumulation zone)
TRADE SETUP: SHORT ENTRY
Entry: $0.05600–$0.05650 (after weak bounce or confirmation below $0.05580)
Targets (TP):
TP1: $0.05520
TP2: $0.05400
TP3: $0.05250
Stop Loss (SL): $0.05810 (above recent resistance zone)
RISK MANAGEMENT:
Only risk 1–2% of your capital. Enter short only on weakness confirmation — either rejection from resistance or breakdown below support with volume. Protect profits with trailing stop once TP1 is hit.
Disclaimer: This is a technical analysis, not financial advice. Trade with caution and do your own research.
