KMNO Technical Analysis Jan 28

KMNO is trading in a tight downtrend; although RSI at 23 signals oversold, a recovery unsupported by EMA20 and Supertrend resistance appears unlikely. Critical support at $0.0386 is up for testing, while Bitcoin’s downtrend is pressuring altcoins – a risky picture.

Executive Summary

As of January 28, 2026, KMNO is moving in a tight horizontal range at $0.04, while the overall technical picture points to a clear downtrend. Price remains below EMA20 ($0.05) and Supertrend resistance; RSI at 23.20 is in oversold territory, but MACD’s negative histogram confirms weak momentum. 11 critical levels (supports/resistances) have been identified via multi-timeframe analysis, with main support at $0.0386 (82/100 score) and resistance at $0.0421 (71/100). Volume at $6.94M is mediocre; Bitcoin’s downtrend is pressuring KMNO through correlation. Risk/reward ratio is balanced around 1:1.3 to the bearish target ($0.0195), but upside target ($0.0599) is weak (19/100). Strategic outlook: Short bias in downtrend, aggressive bearish on $0.0386 break.

Market Structure and Trend Status

Current Trend Analysis

KMNO’s market structure is characterized by the dominant downtrend. Long-term weekly chart shows breakdown of higher high/lower low structure; price confirms Supertrend indicator’s bearish signal ($0.05 resistance) on 1D timeframe. Short-term on 4H, no close above EMA20 ($0.05), reinforcing bearish bias. 24-hour assessment shows flat +0.28% gain, but range $0.04-$0.04 indicates low volatility – silence before consolidation. Multi-timeframe alignment: 1D (1S/2R), 3D (2S/3R), 1W (3S/3R) with total 11 strong levels, supporting continuation of structural downtrend. Trend reversal signal requires weekly close above $0.0451.

Structural Levels

Structural supports: $0.0386 (82/100, 3D low + volume cluster), $0.0365 (1W Fibonacci 0.618). Resistance levels: $0.0421 (71/100, 1D pivot), $0.0451 (63/100, EMA20 confluence), $0.05 (Supertrend). These levels are derived from order blocks and fair value gaps, tested by price action. Breakout scenario: Below $0.0386 opens path to $0.0195.

Technical Indicators Report

Momentum Indicators

RSI(14) at 23.20 in oversold region (below 30), signaling potential bounce but no divergence – momentum low. MACD histogram negative and below signal line, bearish crossover active. Stochastic %K 15.4/%D 22.1 oversold, but no crossover above 50. CCI at -145 extreme bearish, needs above -100 for recovery. Overall momentum confluence: Bearish (3/4 indicators).

Trend Indicators

EMAs: Price below EMA20 ($0.05), EMA50 ($0.052), and EMA200 ($0.06) – death cross active. Supertrend bearish, trailing stop at $0.05. Ichimoku cloud red and price below cloud; Tenkan/Kijun death cross. ADX at 28 indicates medium-high trend strength, -DI above +DI. Confluence: Full bearish trend confirmation.

Critical Support and Resistance Analysis

Supports: $0.0386 (82/100, strongest – 3D low + 1W Fib 0.5, volume profile POC), secondary $0.036 (65/100). Resistance: $0.0421 (71/100, 1D R1 + order block), $0.0451 (63/100, EMA20), $0.05 (Supertrend + psychological). Multi-TF map: 1D with 1 support/2 resistances, 3D with 2S/3R, 1W with 3S/3R – total 11 levels. FVGs in $0.041-$0.043 range awaiting fill. Break score: Support break 65% probable (volume + momentum).

Volume and Market Participation

24h volume $6.94M, 15% lower than previous days – participation weak, trend unconfirmed. OBV in downtrend, no divergence. Volume profile: High volume node (HVN) at $0.0386, low volume at $0.042 (potential whale buying). VWAP daily below $0.0402, sellers dominant. Uptick volume low, buy-side liquidity insufficient – bearish continuation signal.

Risk Assessment

From current $0.04, bullish target $0.0599 (19/100, +49.75% RR 1:1.2), bearish $0.0195 (20/100, -51.25% RR 1:1.3). Main risk: Rapid drop on $0.0386 break (stop-loss suggestion: $0.041). Volatility low (%1.5 ATR), liquidity risk high. Position size: 1-2% capital. Scenarios: Bearish 65%, sideways 25%, bullish 10%. Bitcoin correlation adds extra risk layer.

Bitcoin Correlation

BTC at $89,620 (+1.16%) but in downtrend; Supertrend bearish, supports $88,387/$86,793. KMNO 0.75 correlated with BTC – BTC below $88k pushes KMNO to $0.038. BTC resistance break at $89,396 gives alts breathing room, but rising dominance pressures alts. Watch: BTC $86k (KMNO $0.036 trigger).

Conclusion and Strategic Outlook

KMNO’s technical setup is full of bearish confluence: Downtrend, indicators, levels, and volume all favor sellers. RSI oversold bounce possible to $0.0421 but EMA20/Supertrend rejection likely. Strategy: Short above $0.0421 ($0.0386 stop, $0.0195 target). For long, wait for $0.0451 weekly break. Click for KMNO Spot Analysis and KMNO Futures Analysis. Overall: Risky, wait-and-see or short bias – 1000+ word analysis for full picture.