The chart for KOMA/USDT shows a descending triangle pattern forming, with a clear support zone around $0.092 and resistance around $0.104. Here's what may happen next:
Breakout Scenario:
If price breaks above the descending triangle resistance ($0.104), we could see a short-term upward move.
A retest of $0.150 could be a target if buying volume increases.
Breakdown Scenario:
If price breaks below the support zone near $0.092, it may trigger a further decline.
Lower levels around $0.07 could become the next support.
Key Indicators:
Volume: Noticeable volume spike may signal a breakout or breakdown.
RSI (56.40): Currently neutral, slight upward trend, showing room for more upside if momentum strengthens.
Monitor for confirmation of either a breakout or breakdown with volume and price action.