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

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Friday, Jan 9, 2026 6:27 am ET1min read
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- Kamino Finance/Tether (KMNOUSDT) traded between 0.05877 and 0.06, with bearish pressure dominating after mid-session.

- Price consolidated at 0.0593-0.0597 but failed to sustain above 0.0593, showing weak bullish follow-through despite overbought RSI levels.

- Wide Bollinger Bands and increased volume near support suggest ongoing volatility, with potential short-term stabilization at 0.0593.

- Fibonacci retracements at 0.05966 and 0.05936 failed to hold, indicating limited demand above key resistance/support levels.

- Traders should monitor 0.0596-0.0597 as potential resistance and watch for breakdowns below 0.0593 amid high volatility.

Summary
• Price fluctuated between 0.05877 and 0.06, with bearish pressure dominating in the second half.
• A key 0.0593-0.0597 consolidation range showed mixed momentum and diverging volume.
• RSI hit overbought levels twice, but failed to confirm bullish follow-through.
• Bollinger Bands remained wide, indicating continued volatility with no clear contraction.
• Volume increased near support, suggesting potential short-term stabilisation.

Kamino Finance/Tether (KMNOUSDT) opened at 0.05906 on 2026-01-08 12:00 ET and traded as high as 0.06 before closing at 0.05967 on 2026-01-09 12:00 ET. The pair recorded a total volume of 11,055,658 and a notional turnover of 649,443.86 USDT over the 24-hour period.

Structure & Formations


Price oscillated within a 0.0593-0.0597 range for much of the day, with a bearish breakdown below 0.0593 in the late New York session. A key 0.0593 support level held temporarily, but failed to provide lasting stability, indicating possible short-term bearish bias. A long lower shadow and narrow bodies near 0.0593 suggest indecision among traders.

Moving Averages


On the 5-minute chart, price briefly crossed above the 20-period moving average twice in the morning, suggesting short-term bullish momentum, but failed to hold. The 50-period line remained a key reference point, with price dipping below it after 04:00 ET. Daily moving averages are not fully calculable from this 5-minute data set.

Momentum and Volatility


RSI reached 70 twice—once at 0.06 and again at 0.0599—indicating overbought conditions, but no sustained bullish follow-through was observed. MACD showed mixed signals, with bullish divergences at 0.06 and bearish ones later at 0.0593. Bollinger Bands remained wide, showing no signs of volatility contraction, and price frequently touched or exceeded the upper and lower bounds.

Volume and Turnover


Volume spiked near key levels, most notably at 0.06 and 0.0593, with the highest 5-minute volume recorded at 0.06 (560,189). Turnover matched the volume increases, showing that higher volume was backed by price action. A divergence between volume and price was noted between 0.0597 and 0.0593, suggesting weakening bullish control.

Fibonacci Retracements


Fibonacci retracements drawn from the 0.05877 to 0.06 swing showed 38.2% at 0.05966 and 61.8% at 0.05936. Price briefly approached the 38.2% level but reversed, suggesting a lack of strong demand above 0.0596. A potential bounce from the 61.8% level was attempted but failed to gain traction.

Kamino Finance/Tether may continue to test 0.0593 support in the near term, with a possible bounce or breakdown expected. Traders should monitor for a potential retest of 0.0596-0.0597 as a potential short-term resistance zone. As always, be mindful of broader market sentiment and potential slippage during high-volatility periods.