Kamino Finance/Tether Market Overview

• Price rallied 17.5% from 0.0629 to 0.0725 on strong volume and bullish momentum.
• Volatility expanded as price broke above 0.0663, confirming a breakout from a key consolidation range.
• MACD and RSI signaled bullish divergence, suggesting continued upward bias.
• Bollinger Bands saw a sharp expansion from 0.0635 to 0.0726, reflecting heightened buying pressure.
• Volume surged to over 4.0M KMNO on the last candle, validating the move toward new highs.

24-Hour Summary and Key Levels

Kamino Finance/Tether (KMNOUSDT) opened at 0.0629 on 2025-09-26 at 12:00 ET and closed at 0.0725 on 2025-09-27 at 12:00 ET, with a high of 0.0726 and a low of 0.06286. Total volume reached 9.6M KMNO, while turnover (notional value) was $684,974. The pair displayed a strong bullish bias, with a key breakout above 0.0663 confirming a shift in sentiment.

Structure & Formations

The price structure revealed a strong ascending triangle formation during the early part of the session, breaking out at 0.0663 with a bullish confirmation candle. The breakout was accompanied by a large-volume candle at 0.0684, indicating a clear shift in buying pressure. Key support levels include 0.0655 and 0.0642, both of which held multiple times during pullbacks. A notable bullish engulfing pattern formed at 0.0680, while a doji at 0.0690 hinted at temporary consolidation.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages both trended upward, with price consistently holding above the 50SMA. The 20SMA crossed the 50SMA earlier in the session, forming a golden cross that reinforced the bullish momentum. On the daily chart, the 50DMA crossed the 100DMA to the upside, signaling a continuation of the short-to-medium-term bullish bias.

MACD & RSI

The MACD crossed above zero and remained in positive territory, with the histogram expanding as bullish momentum accelerated. The RSI surged to 68–72 during the afternoon and evening session, showing strong buying pressure but not reaching overbought territory. No overbought conditions were observed until the final hour, when RSI reached 72–74. This suggests further upside could be possible, but caution may be warranted if overbought levels are sustained.

Bollinger Bands expanded significantly from a narrow range of 0.0635–0.0645 to 0.0628–0.0726. The price has remained on the upper band for much of the session, indicating strong volatility and continued bullish pressure. The middle band (20-period SMA) was at 0.0682 at the close, suggesting the trend may remain intact for the next 24 hours.

Volume & Turnover

Volume was consistently above average, with the last candle seeing a massive 4.0M KMNO trade, contributing $290,000 in turnover. Turnover spiked during the afternoon and evening sessions, aligning with the price surge above 0.0663 and 0.0680. There were no significant divergences between price and turnover, indicating strong alignment in bullish sentiment. Volume also increased during retests of key support levels, suggesting accumulation.

Fibonacci Retracements

Applying Fibonacci retracements to the swing from 0.06286 to 0.0726, the 61.8% level is at 0.0676 and the 78.6% at 0.0705. Price briefly touched 0.0700 and 0.0705 in the final hour, suggesting a possible retest of the 78.6% level. On the daily chart, the 38.2% and 50% Fibonacci levels align with 0.0685 and 0.0690 respectively—areas where price may find resistance in the near term.

Backtest Hypothesis

Given the strong breakout and confirmation of the bullish trend, a backtest strategy could focus on a breakout entry rule. For example: entering long on a close above the 0.0663 level with a stop loss below 0.0642 and a target at 0.0700–0.0705. The MACD and RSI divergence further reinforce the strategy’s validity, as they indicate sustained bullish momentum. A trailing stop could be used as price approaches 0.0700–0.0705 to lock in profits.