Market Overview: Kamino Finance/Tether (KMNOUSDT) on 2025-12-24

Summary
• Price fluctuated within a 0.04812–0.04913 range, consolidating near 0.04898 at close.
• Volume surged after 19:00 ET, confirming a short-term breakout and bullish momentum.
• RSI hovered around neutral levels, suggesting no immediate overbought or oversold conditions.

Kamino Finance/Tether (KMNOUSDT) opened at 0.0484 on 2025-12-23 12:00 ET, peaked at 0.04913, and closed at 0.04898 on 2025-12-24 12:00 ET. Total volume reached 22.3 million KMNO, with $1.08 million turnover.

Structure & Key Levels

Price formed a bullish engulfing pattern around 18:45 ET and a small hammer at 23:45 ET, reinforcing a potential short-term bottom at 0.04857. A critical resistance appears near 0.0490–0.0491, where the price tested twice in the last 12 hours.

Moving Averages and Momentum

On the 5-minute chart, the 20SMA crossed above the 50SMA mid-session, signaling short-term bullish momentum. MACD crossed into positive territory with increasing volume, while RSI remained in a neutral to moderately bullish range (55–60), suggesting no immediate exhaustion in buying pressure.

Volatility and Bollinger Bands

Volatility expanded after 19:00 ET as price broke out of a narrow Bollinger band contraction. Price closed near the upper band (0.0490) on 2025-12-24, indicating a possible continuation of the rally if it can hold above 0.04885.

Volume and Turnover

Volume surged in the 19:00–22:00 ET window, coinciding with a 0.0486–0.0490 range expansion. Turnover also spiked during this period, reinforcing the price breakout. A divergence was noted in the 23:45–00:00 ET window, where volume declined despite price reaching a new high, suggesting early consolidation.

Fibonacci Retracements

A 0.04812–0.04913 swing places 0.04874 (38.2%) and 0.04856 (61.8%) as key retracement levels. Price stalled at 61.8% during the session and closed just above it, suggesting that this level may hold as a support in the near term.

The pair appears to be testing a new 24-hour range with a bullish bias, supported by rising volume and a breakout pattern. However, the lack of a strong close above 0.04913 increases the risk of short-term profit-taking. Investors should monitor the 0.04885–0.04905 range for potential volatility and trend confirmation over the next 24 hours.