KMD/USDT Technical Analysis: Key Levels and Targets 🎯
📊 Current Price: $0.2825 (+15.17% in 24h)
The Komodo (KMD) token has been showing strong upward momentum against USDT, gaining +15.17% in the last 24 hours. With significant volume traded on Binance, the market is active and offering opportunities for traders. Here's a breakdown of the key levels to watch:
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Key Levels to Watch:
1. Support Level: $0.2741 (SAR)
The Stop and Reverse (SAR) indicator suggests a strong support at $0.2741, where the price could bounce if it retraces. This level is crucial for buyers looking to enter at a potential low.
2. Resistance Target 1: $0.3298
The first target to watch is $0.3298, a previous price level of interest. If the uptrend continues, this resistance point could act as a short-term target for bullish traders.
3. Resistance Target 2: $0.3949
$0.3949 represents a key resistance area in the 24-hour price action. A breakout above this level could signal further upside potential and a test of higher price levels.
4. Resistance Target 3: $0.4510
The $0.4510 mark is the 24-hour high and represents the ultimate resistance level in the near term. If KMD surpasses this price, it could lead to a new bullish phase.
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Market Overview:
24h High: $0.4510
24h Low: $0.2446
24h Volume (KMD): 152.76M KMD
24h Volume (USDT): 54.81M USDT
#Binance240MUsers #USDebt36Trillion #USUALonLaunchpool&Pre-Market
