$KMNO continues to struggle after retreating from the $0.0370 region, with price now around $0.03314. Despite a modest recovery, sellers still appear to have the upper hand on the 1-hour chart.
The $0.0338–$0.0341 region is the immediate supply zone to reclaim. Another rejection here could leave price vulnerable to further downside.
A deeper pullback toward $0.0292–$0.0300 remains possible, as this area previously attracted strong buying interest and could serve as the next demand zone.
For now, the reaction around overhead supply will be important. A break above $0.0341 could improve the outlook, while another rejection may send price lower toward demand.
#KMNO
The $0.0338–$0.0341 region is the immediate supply zone to reclaim. Another rejection here could leave price vulnerable to further downside.
A deeper pullback toward $0.0292–$0.0300 remains possible, as this area previously attracted strong buying interest and could serve as the next demand zone.
For now, the reaction around overhead supply will be important. A break above $0.0341 could improve the outlook, while another rejection may send price lower toward demand.
#KMNO
