🚀 $KMNO is showing a potential technical setup!
The weekly chart highlights a major base formation and a strong impulse candle pushing off the accumulation zone.
📈 The Technical Setup:
• The Pattern: Double Bottom / Falling Wedge Reversal
• Short-term Target: 0.0750 USDT
• Macro Objective: 0.1050 USDT
• Market Structure: Reversal & Accumulation Breakout
🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.0150 - 0.0180 USDT
• Resistance: 0.0750 USDT
• Breakout Level: 0.0450 USDT
• Stop Loss / Invalidation: 0.0140 USDT
📊 Confirmation:
• Volume: Increasing bullish expansion on recent weekly candles
• Momentum: Strong green impulse candle indicating shift in momentum
• Trend: Transitioning from macro downtrend into an accumulation reversal pattern
⚠️ Invalidation:
A decisive weekly close below the 0.0140 USDT support zone would completely invalidate this bullish reversal setup.
KMNO is showing early signs of a bullish reversal structure on the weekly timeframe, making key support and resistance zones critical to monitor for confirmation.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#KMNO #crypto #BinanceSquare #Binance #TechnicalAnalysis
The weekly chart highlights a major base formation and a strong impulse candle pushing off the accumulation zone.
📈 The Technical Setup:
• The Pattern: Double Bottom / Falling Wedge Reversal
• Short-term Target: 0.0750 USDT
• Macro Objective: 0.1050 USDT
• Market Structure: Reversal & Accumulation Breakout
🎯 Key Levels to Watch:
• Support / Accumulation Zone: 0.0150 - 0.0180 USDT
• Resistance: 0.0750 USDT
• Breakout Level: 0.0450 USDT
• Stop Loss / Invalidation: 0.0140 USDT
📊 Confirmation:
• Volume: Increasing bullish expansion on recent weekly candles
• Momentum: Strong green impulse candle indicating shift in momentum
• Trend: Transitioning from macro downtrend into an accumulation reversal pattern
⚠️ Invalidation:
A decisive weekly close below the 0.0140 USDT support zone would completely invalidate this bullish reversal setup.
KMNO is showing early signs of a bullish reversal structure on the weekly timeframe, making key support and resistance zones critical to monitor for confirmation.
💎 Creator: NOUMAN_DON (@NOUMAN_DON)
#KMNO #crypto #BinanceSquare #Binance #TechnicalAnalysis
