$KMD /USDT Market Analysis: Strategic Entry Levels & Outlook!🔥💯
📊 Chart Overview:
After a sharp dip, the market has formed a strong support at $0.34-$0.35, highlighted in purple. Resistance stands near $0.39-$0.40, where price action is currently consolidating.
🚀 Next Move:
The pattern suggests a bullish reversal as the price is forming higher lows, indicating buyer interest. A breakout above $0.39 could trigger upward momentum.
🎯 Entry Strategy:
• Long Entry: Enter between $0.36-$0.37, targeting $0.40, with an extended target of $0.43-$0.45.
• Stop Loss: Place at $0.34 to manage risk.
• Short Entry (if support breaks): Enter below $0.34, targeting $0.32-$0.30.
• Stop Loss: Place at $0.36.
⚡ Outlook:
Short-term bullish with breakout potential. Keep an eye on volume for confirmation. Strong support ensures a low-risk long position, but remain cautious around resistance zones.
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