$KMNO H1 BOOST STRONG — PRIORITIZE LONG WHEN RETEST
KMNO is maintaining an HH–HL structure on H1 after breaking out of the 0.0320–0.0330 zone with high volume.
Price has just made a peak at 0.03734 and is currently correcting back to around 0.0351, so wait for a retest of the support zone to get a more reasonable R:R than chasing with FOMO.
LONG PLAN 🟢 | $KMNO
Entry: 0.0347–0.0352
SL: 0.0338
TP1: 0.0362
TP2: 0.0373
TP3: 0.0390
Trigger: Wait for price to hold the 0.0347–0.0352 area and see bullish reaction on H1.
Personal view:
I lean LONG because KMNO still holds an uptrend structure and the most recent breakout waves have come with fairly large volume.
However, volatility is currently high, so don’t chase the price. If the Entry zone holds, the continuation scenario for the uptrend will be strengthened.
Invalid: H1 closes below 0.0338.
No FOMO. Wait for a confirmation retest.
KMNO is maintaining an HH–HL structure on H1 after breaking out of the 0.0320–0.0330 zone with high volume.
Price has just made a peak at 0.03734 and is currently correcting back to around 0.0351, so wait for a retest of the support zone to get a more reasonable R:R than chasing with FOMO.
LONG PLAN 🟢 | $KMNO
Entry: 0.0347–0.0352
SL: 0.0338
TP1: 0.0362
TP2: 0.0373
TP3: 0.0390
Trigger: Wait for price to hold the 0.0347–0.0352 area and see bullish reaction on H1.
Personal view:
I lean LONG because KMNO still holds an uptrend structure and the most recent breakout waves have come with fairly large volume.
However, volatility is currently high, so don’t chase the price. If the Entry zone holds, the continuation scenario for the uptrend will be strengthened.
Invalid: H1 closes below 0.0338.
No FOMO. Wait for a confirmation retest.
