$KMNO This 24-hour line is interesting—it's up 25%, but the trading volume is only 280 million, which isn't thick for that kind of upside.
First, the price. $KMNO moved from $0.02614 to $0.03668, with a swing of over 40%, and the close pulled back to $0.03412. The top failed to hold, which suggests there are sell orders (supply) overhead being unloaded.
The key support is $0.03150—this is the prior high from this breakout. If it breaks this line, the price goes back into the box/range. The resistance directly targets the intraday high at $0.03668. Only a breakout would create room for it to move higher.
For trading, set the stop-loss at $0.0300; if it breaks down, admit the mistake and exit. First look at $0.0380—if that level is reached, that counts as this round of outperformance.
#KMNO
First, the price. $KMNO moved from $0.02614 to $0.03668, with a swing of over 40%, and the close pulled back to $0.03412. The top failed to hold, which suggests there are sell orders (supply) overhead being unloaded.
The key support is $0.03150—this is the prior high from this breakout. If it breaks this line, the price goes back into the box/range. The resistance directly targets the intraday high at $0.03668. Only a breakout would create room for it to move higher.
For trading, set the stop-loss at $0.0300; if it breaks down, admit the mistake and exit. First look at $0.0380—if that level is reached, that counts as this round of outperformance.
#KMNO