$KMNO/USDT

Current price: 0.0565 USD (stabilizing in the support range)
Target Price:

- TP1: 0.0585 USD (Fibonacci 38.2% extension level)
- TP2: 0.0595 USD (historical volatility mean)
Stop-loss price: below 0.0560 USD
Reason for Purchase:
$KMNO/USDT shows bullish breakout signals, with technical and funding aspects resonating:

1. Structural Integrity:
- The price has formed a double bottom support at 0.0565 USD (0.0565→0.0565), constructing a "flat bottom" reversal pattern;
- The higher low sequence (0.0560→0.0565) confirms the short-term upward trend, strengthening the validity of the support level.
2. Validity of Breakthrough:
- If the resistance level of 0.0577 USD is broken, there is no significant selling pressure in the range of 0.0585–0.0595 above, with a short-term target pointing to 0.0595;
- A breakout requires the trading volume to increase to more than 1.5 times the daily average to validate its effectiveness.
3. Fund Flow:
- The net long positions of contracts increased by 18% in the past 24 hours, with a funding rate of +0.015% (long positions paying interest), and leveraged funds actively taking long positions.
- The support zone at 0.0560 has an Up Vol ratio of 62%, indicating strong buying support.
4. Energy Verification:
- RSI indicator 63 (neutral to bullish), MACD red bars continue to expand, short-term momentum is strong;
- After the price broke through 0.0568, the daily average trading volume increased to 1.7 times, confirming the inflow of funds.
5. Shape Confirmation:
- The daily chart has formed a "Morning Star" reversal pattern, confirming the trend reversal with the accompanying bullish candle;
- After the Bollinger Bands narrow and then expand again, the price stands above the middle band, indicating an increase in volatility.
6. Risk Control:
- The stop-loss is set at 0.0560 (below the double bottom neckline). If the price falls below this area, the bullish logic is invalidated.
This content is for reference only and should not be considered as investment advice. #谷歌云推出 L1 区块链 GCUL#