$KMNO CRITICAL TURNING POINT: REBOUND OR TRAP?
$KMNO just printed a green 15-minute candle and is trading at $0.06873, showing a mild recovery after recent selling. However, with low volume at 17.28K and no visible order book data, caution is essential as volatility remains unpredictable.
Key Price Levels:
• Resistance Zone: $0.06890 – If price breaks above with strength, the next upside targets are:
• TP1: $0.06930
• TP2: $0.06980
• Support Zone: $0.06750 – A close below this could spark another sell-off toward:
• TP1: $0.06660
• TP2: $0.06520
Trade Setup:
• Bullish Entry: On a breakout above $0.06890
• Stop-Loss: Below $0.06820
• Bearish Entry: On a breakdown below $0.06750
• Stop-Loss: Above $0.06860
$KMNO is hovering near a key resistance level with limited data to back strong directional bets. Patience is key—let the chart decide the next move before jumping in.