Market Overview for Kamino Finance/Tether (KMNOUSDT): 24-Hour Price Action Summary

Summary
• KMNOUSDT formed a bullish breakout pattern above 0.05000, with high volume and rising momentum.
• RSI approached overbought territory while MACD showed strong positive divergence.
• Volatility expanded as price traded within a 0.00082 range, hitting a 24-hour high of 0.05142.
• Key support at 0.04990–0.04970 appears intact, with 0.05034–0.05029 acting as near-term resistance.
• Fibonacci levels suggest 0.05070 and 0.05127 as potential next targets on the upside.

Kamino Finance/Tether (KMNOUSDT) opened at 0.04957 on 2025-12-24 at 12:00 ET, reaching a high of 0.05142 and a low of 0.04937 before closing at 0.05001 on 2025-12-25 at 12:00 ET. Total volume was 17,227,453, with notional turnover at approximately $862,396.

Structure & Formations

The 24-hour chart revealed a clear bullish breakout from a descending triangle pattern, with price pushing above the 0.05000 psychological level for the first time. A bullish engulfing pattern formed at 0.05004–0.05007 during early morning hours, followed by a doji at 0.05026 that suggested indecision. Price found strong resistance at 0.05034–0.05029 and support at 0.04990–0.04970, with the 24-hour high at 0.05142 showing strength in the upper band of the trading range.

MACD & RSI

The 12–26 MACD line remained above zero for the majority of the session, indicating sustained bullish momentum, with a positive divergence forming in the final 3–4 hours. RSI approached overbought levels above 70, peaking near 74 at 0.05142, suggesting a potential pullback could be imminent, though the trend remains intact.

Bollinger Bands

Volatility expanded significantly during the bullish breakout, pushing price to the upper Bollinger Band at 0.05142. The 20-period BB width increased by ~22% from the morning low, suggesting heightened trading interest. Price spent the last 12 hours consolidating closer to the upper band, indicating a strong near-term bias.

Volume & Turnover

Volume spiked during key resistance breaks, notably at 0.05034 and 0.05127, with the highest volume of the session at 880,169 (0.05095) and 610,121 (0.05127). Notional turnover aligned with price action, confirming the strength of the breakout. No significant divergence between volume and price was observed, reinforcing the validity of the rally.

Fibonacci Retracements

Applying Fibonacci to the 0.04937–0.05142 swing identified key retracement levels at 0.05070 (38.2%) and 0.05127 (61.8%), both of which were tested and held during the session. Price may test the 0.05064 level for confirmation of a pullback before resuming the upward trajectory.

Market Outlook

The 24-hour rally in KMNOUSDT shows a strong short-term bullish bias, supported by key breakouts and volume confirmation. Price may consolidate near the 0.05034–0.05029 zone before targeting 0.05070 and beyond. However, traders should remain cautious of a pullback if RSI exceeds overbought levels without follow-through volume, which could signal short-term exhaustion.