KMD/USDT Technical Analysis & Trade Signal
Current Price: $0.3238 (+5.86%)
24h High: $0.3264
24h Low: $0.2878
24h Volume (KMD): 7.79M
24h Volume (USDT): 2.35M
Price Change (24h): +7.29%
Technical Analysis
Support Levels:
First Support: $0.2878 (24h Low)
Second Support: $0.2800
Third Support: $0.2700
Resistance Levels:
First Resistance: $0.3264 (24h High)
Second Resistance: $0.3400
Third Resistance: $0.3500
RSI (Relative Strength Index): 60 (indicating moderate bullish momentum, not overbought)
MACD (Moving Average Convergence Divergence): Bullish trend, with the MACD line above the signal line
Trend: Short-term bullish trend, bolstered by positive price movement and increasing momentum.
Trade Signal
Buy Entry: $0.3200 - $0.3250 (close to current price)
Take Profit Levels:
First Target: $0.3264 (Near 24h High)
Second Target: $0.3400
Third Target: $0.3500
Stop Loss: $0.2878 (set below the recent low to manage risk)
Trade Momentum:
KMD/USDT is showing a strong bullish trend, with positive price action and rising volume. RSI and MACD indicators support this momentum, but it's essential to monitor potential resistance around $0.3264 and beyond.
