$KMNO /USDT – 15m Chart Read
Price is pressing higher after buyers aggressively stepped in around the 0.0520–0.0522 defended zone, a level that clearly rejected downside and trapped late sellers. From that base, momentum expanded, pushing price back above short-term averages and shifting structure back to higher lows.
Right now, KMNO is consolidating around the 0.0532–0.0534 area, digesting the impulse move. This tight pause signals acceptance at higher prices rather than distribution, and the tape favors continuation while bids remain active above intraday support.
On the upside, resistance is stacked near 0.0535, followed by a potential extension toward 0.0540 if momentum sustains and volume follows through. Sellers are visible there, but they haven’t shown control yet.
Bias stays short-term bullish as long as price holds above 0.0528. A clean loss of 0.0525 would weaken the structure, signal fading momentum, and open the door for a deeper retrace back toward the prior base.
For now, buyers have the edge, structure is constructive, and the market is watching whether this consolidation resolves higher or momentum stalls.
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