KMNO Technical Analysis Jan 29

Today’s short-term outlook and key levels to watch: KMNO is stuck in the oversold region, $0.0376 support is critical.

Short-Term Market Outlook

KMNO is trading at the $0.04 level as of January 29, 2026, and experienced a -3.23% drop in the last 24 hours. The intraday range is quite narrow: consolidation dominant around $0.04 – $0.04. Volume remains at a moderate $7.62M level, while the short-term trend continues downward. RSI at 25.07 is in the oversold region, which could signal a potential bounce, but overall momentum is weak despite MACD showing a positive histogram. Price is positioned below EMA20 ($0.04) and Supertrend is giving a bearish signal, with strong resistance at $0.04. 10 strong levels detected in higher timeframes (1D/3D/1W): 2 supports/1 resistance in 1D, 2S/2R in 3D, 3S/2R in 1W. For the next 24-48 hours, watch: squeeze in narrow range, high risk of downside breakout or oversold bounce. No news flow, stay technical-focused.

Intraday Critical Levels

Nearby Support Zones

Immediate support at $0.0376 (score: 77/100), high-probability hold zone. If this level breaks, it could gain momentum quickly toward $0.0307 (score:22) with fast invalidation. Alternative second support around $0.0350 from MTF 1W level, but priority at $0.0376. This support serves as a quick long invalidation point for intraday scalping.

Nearby Resistance Zones

Lack of strong resistance (no score >=60), but Supertrend dominant at $0.04. Next target $0.0448 (score:43), critical for EMA20 crossover. These levels are kept narrow: momentum increases if $0.04 breaks, bearish continuation if stays below. Scalping zone: quick trade opportunities between $0.0390-$0.0410.

Momentum and Speed Analysis

Short-term momentum mixed: RSI at 25 carries oversold bounce potential, MACD histogram positive but weak below zero line. Speed analysis limited by low volume, volatility low in narrow range. Supertrend bearish and price below EMA, preserving downtrend speed. No negative divergence in momentum on 4H chart, but quick recovery from oversold possible. Risk: momentum change limited without sudden volume spike. Watch: volume explosion at $0.0376 or $0.04 would be trigger. High risk for short-term traders, stop-loss mandatory.

Short-Term Scenarios

Upside Scenario

RSI bounce from oversold: if holds $0.0376 and breaks $0.04 Supertrend, targets $0.0448 (24-48 hours). Trigger: volume increase + MACD zero line crossover. Invalidation: closes below $0.0376. For swings, wait for EMA20 crossover, quick 1-2% targets in scalping.

Downside Scenario

Narrow range downside breakout: if $0.0376 support breaks, fast drop to $0.0307 (high-probability downtrend continuation). Trigger: BTC drop or selling pressure without volume. Invalidation: closes above $0.04. High risk, position sizing should not exceed 1-2%.

Bitcoin Correlation

BTC at $83,637 with -6.48% drop in downtrend, Supertrend bearish. KMNO as altcoin highly correlated: if BTC $84,013 support breaks, alts dragged down, KMNO $0.0376 support tested. BTC resistances $85,560-$87,000; if BTC bounces here, KMNO $0.04 breakout chance increases. Dominance rise creates alt pressure, if BTC slips below $82,134, KMNO $0.0307 scenario activates. Key BTC levels: supports $84,013/$83,135, resistance $85,560. Prioritize BTC momentum in KMNO trades.

Daily Summary and Watch Points

Today (January 29) focus: $0.0376 support hold vs breakout, $0.04 resistance test. Volume increase mandatory, oversold bounce expected but BTC downtrend risky. Watch: 1. $0.0376 close (bear trigger), 2. $0.04 breakout (bull confirmation), 3. BTC $84k reaction. Short-term trades high risk: keep tight capital management, place stop-loss below/above $0.0370. For spot check KMNO Spot Analysis, for futures KMNO Futures Analysis. Volatility may increase in 24-48 hours, be patient.