Price just went through a sharp flush and the reaction off the lows is important here. $KMNO bounced aggressively after sweeping liquidity, which shows buyers were waiting below. The recovery move looks controlled rather than emotional, suggesting this was a shakeout instead of a breakdown. As long as price holds above the reclaimed zone, $KMNO has room to stabilize and push back into the prior range.
Trade Setup
Entry: 0.0502 – 0.0509
Target: 0.0518 | 0.0528
Stop Loss: 0.0494
Do you see this as a clean liquidity sweep into recovery, or will $KMNO retest the lows before continuation?
