$KMNO at 0.0297 is the kind of move that either clears 0.03 cleanly or gets slapped back hard. 🚨
I’m calling it now: if it loses 0.03 on a real test, this squeeze is cooked and I’d expect a fast fade. If it holds above it, shorts get squeezed again. Simple.
RSI is already 76, so this is hot, not healthy. Funding is positive too, so longs are paying while price sits at the top of the 30d range. That’s where $ETH -style momentum names either keep running or get mean-reverted fast. ⚡
Not chasing.
Need confirmation.
Holding or fading this?
#KMNO
#Web3
I’m calling it now: if it loses 0.03 on a real test, this squeeze is cooked and I’d expect a fast fade. If it holds above it, shorts get squeezed again. Simple.
RSI is already 76, so this is hot, not healthy. Funding is positive too, so longs are paying while price sits at the top of the 30d range. That’s where $ETH -style momentum names either keep running or get mean-reverted fast. ⚡
Not chasing.
Need confirmation.
Holding or fading this?
#KMNO
#Web3