Kamino / TetherLong
KMNO Long Opportunity
Market Context:
Following its mid-2024 launch and a 500% rally to ATH, KMNO is undergoing a retracement. The current bounce zone aligns with:
61.80% Fibonacci retracement
200-day EMA
A flipped resistance line now acting as support.
These confluences suggest a potential opportunity for a continuation to the upside.
Trade Details:
Entry Zone: $0.11 – $0.098
Take Profit Targets:
TP1: $0.20
TP2: $0.35
TP3: $0.40
Stop Loss: Daily close below $0.085
This setup offers a favorable risk-to-reward ratio, with significant upside potential from this technical support zone. 📈
Following its mid-2024 launch and a 500% rally to ATH, KMNO is undergoing a retracement. The current bounce zone aligns with:
61.80% Fibonacci retracement
200-day EMA
A flipped resistance line now acting as support.
These confluences suggest a potential opportunity for a continuation to the upside.
Trade Details:
Entry Zone: $0.11 – $0.098
Take Profit Targets:
TP1: $0.20
TP2: $0.35
TP3: $0.40
Stop Loss: Daily close below $0.085
This setup offers a favorable risk-to-reward ratio, with significant upside potential from this technical support zone. 📈
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.