AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Summary
• Price declined from 0.05693 to 0.05341, with bearish momentum confirmed by RSI and MACD divergence.
• Volatility expanded after 18:00 ET, with a key support at 0.05300–0.05320 showing initial resilience.
• Volume surged during the decline, but turnover failed to confirm bearish conviction.
• Bollinger Bands indicate recent contraction, signaling a potential breakout or consolidation phase.
Kamino Finance/Tether (KMNOUSDT) opened at 0.05654 on 2025-12-17, reached a high of 0.05707, and closed at 0.05341 as of 12:00 ET on 2025-12-18. The pair saw 6,209,010.0 traded volume and a notional turnover of approximately 332.24 USD over the 24-hour window.
Structure & Formations
Price action on the 5-minute chart shows a strong bearish bias after a key pivot at 18:00 ET, where price broke below 0.05632. A descending triangle pattern formed during early hours, with a breakdown confirmed below 0.05507. A potential support area is forming around 0.05300–0.05320, marked by several bearish engulfing and hanging man candles that may provide a temporary floor.
Technical Indicators
RSI crossed into oversold territory (below 30), suggesting a possible short-term bounce. MACD showed a bearish crossover with a negative histogram, reinforcing the downward momentum. The 20-period and 50-period moving averages on the 5-minute chart are bearishly aligned, while daily MA(50) remains above MA(100) and MA(200), indicating intermediate bearish bias.
Bollinger Bands show a recent contraction phase, especially between 00:00 and 04:00 ET, signaling potential for a breakout. Price remains within the lower half of the bands, suggesting a continuation of the bearish trend unless a breakout fails.
Volume and Turnover
Volume spiked during the breakdown phase between 18:00 and 20:00 ET, reaching over 1 million ticks, but failed to trigger a corresponding increase in notional turnover. This divergence suggests weakening conviction in the bearish move. Later in the session, volume thinned, suggesting consolidation.
**

Fibonacci Retracements
Applying Fibonacci retracement to the recent high (0.05707) and low (0.05337) swing, key levels to watch include 0.05569 (38.2%) and 0.05435 (23.6%). Price stalled at 0.05521–0.05543 (61.8% retracement) before resuming the decline, indicating strong bearish control.
Conclusion
Price appears to be consolidating near the 0.0534–0.0536 level with key support at 0.05300–0.05320. A break below that may target the 0.0525 level, but a short-term rebound could see retesting of the 0.05400–0.05420 area. Investors should remain cautious, as low turnover and divergent momentum indicators may signal a potential trend reversal or a false breakdown.
Decoding market patterns and unlocking profitable trading strategies in the crypto space

Dec.18 2025

Dec.18 2025

Dec.18 2025

Dec.18 2025

Dec.18 2025
Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet