Hey guys, taking a quick look at
$KMNO right now – it's showing some solid bullish vibes, but I wouldn't be surprised if it pauses a bit around that resistance level for some consolidation.
On the volume side, those recent 1-hour candles are telling a good story: volume's picking up on the ups (like that 4.23M push at 0.05355), which lines up nicely with the price action and screams bullish momentum. That said, I've spotted a few spots where high volume led to rejection, like the 3.34M at 0.05283, so yeah, sellers might be lurking near resistance.
Diving into the fund flows: Spot net flow's been positive over the last 24 hours (+131,394.59) and 12 hours (+85,146.08), which points to real buying interest from spot traders. Contracts are even more interesting – big inflows at +556,832.10 in 24h and +371,500.14 in 12h, feels like folks are stacking leveraged longs. Though, those short-term dips (like -10,616.92 in the past 30 mins) could just be some quick profit-taking.
Overall, I'm cautiously bullish
$KMNO here – there's room for an upside breakout, but keep an eye on that resistance.
For timing an entry, I'd wait for a dip back to around 0.0528-0.0530 (that's hugging the MA20 and solid support) or jump in if it smashes through 0.05440 for a clean break. Don't chase it at these levels though; overbought signals are flashing.
Stop-loss wise, I'd go with about 3% below your entry – say 0.0515 if you're in near 0.0530 – to handle the swings
Targets
$KMNO ? Aiming for 0.0553 (that's Resistance) or stretch to 0.0564 (next resistance).
#KMNO #KMNOUSDT #kaminofinance