š $KMD /USDT Market Overview & Trade Plan
š Uptrend Momentum (+9.65%)
š¹ Current Price: $0.1943
š¹ 24h High: $0.2008
š¹ 24h Low: $0.1701
š¹ 24h Volume: 7.43M KMD / 1.41M USDT
š Support & Resistance Levels
ā Support Zones:
š¹ $0.1900 - $0.1860 ā Immediate support
š¹ $0.1750 - $0.1700 ā Stronger support in case of pullback
š Resistance Levels:
š¹ $0.1980 - $0.2008 ā Immediate resistance
š¹ $0.2100 - $0.2150 ā Key breakout zone
š Technical Indicators to Watch
š¹ RSI: Near overbought territory, a slight retracement is possible
š¹ MACD: Bullish crossover, indicating continued buying momentum
š¹ Bollinger Bands: Price near upper band, suggesting either a breakout or consolidation
š Trading Strategy:
š Bullish Scenario: If KMD holds above $0.1900, possible long entry with targets of $0.2000 - $0.2100
š Breakout Play: A close above $0.2008 could push KMD toward $0.2150 - $0.2200
š Bearish Risk: If price drops below $0.1860, expect a correction to $0.1750 - $0.1700
ā ļø Risk Management:
š¹ Stop-loss: Below $0.1860
š¹ Take profits: $0.2000 - $0.2100 - $0.2150
š Final Thoughts:
KMD/USDT is showing strong bullish momentum, with $0.2008 as the key resistance level. A breakout could trigger more upside, but if $0.1860 breaks, a deeper pullback is possible.