Market Overview for Kamino Finance/Tether (KMNOUSDT)

• Price surged to 0.08893 before consolidating near 0.0850
• Momentum waned in RSI and MACD, suggesting potential pullback
• Bollinger Bands show price near upper channel, indicating high volatility
• Volume surged to 11.96 million on rally, confirming trend strength
• Key Fibonacci levels at 0.0860 and 0.0825 may act as support/resistance

Kamino Finance/Tether (KMNOUSDT) opened at 0.07332 on 2025-09-17 12:00 ET and closed at 0.08504 as of 2025-09-18 12:00 ET. The 24-hour range was between 0.07285 and 0.08893. Total traded volume reached 219.46 million, with notional turnover amounting to $17,985,530.

Structure & Formations

The price action formed multiple bullish patterns, including a strong bull engulfing candle on the 15-minute chart around 2025-09-17 19:30 ET. This confirmed a breakout above key resistance near 0.08064. Price then extended higher, reaching 0.08893 before retracting toward 0.0850. Key support levels appear to be forming at 0.0860 and 0.0830, while resistance remains strong at 0.0885 and 0.0905. A doji formed near 0.08902 on 2025-09-17 23:45 ET, indicating potential indecision.

Moving Averages

On the 15-minute chart, the 20-period and 50-period moving averages show a bullish crossover near 0.0830, followed by a strong trend continuation. Daily moving averages at 50, 100, and 200 periods remain in an ascending order, with price above all of them, suggesting a strong uptrend.

MACD & RSI

The MACD crossed above the zero line on 2025-09-17 19:30 ET and showed a bullish divergence with the price on 2025-09-18 04:00 ET. RSI reached overbought territory (85+) during the rally to 0.08893 and has since corrected to mid-60s, suggesting the market may be entering a consolidation phase.

Bollinger Bands

Volatility expanded significantly during the 24-hour period, with the upper Bollinger Band reaching 0.0898. Price touched the upper band on multiple occasions and pulled back, indicating overbought conditions. The lower band sat near 0.0797, with price remaining well above it, suggesting a strong bullish bias.

Volume & Turnover

Volume spiked dramatically at 0.08071 (19:30 ET) and again at 0.08461 (19:45 ET), confirming the trend. Notional turnover also increased sharply during these spikes. However, volume has since declined, with a noticeable divergence between price and volume during the 2025-09-18 05:00 to 08:00 ET consolidation phase.

Fibonacci Retracements

Fibonacci retracement levels based on the swing from 0.07285 to 0.08893 show 38.2% at 0.0840 and 61.8% at 0.0802. Price currently sits near the 0.0850 level, suggesting possible consolidation or a pullback toward 0.0830 before resuming the upward trajectory.

Backtest Hypothesis

Given the strong bullish setup with confirmed moving average crossovers, bullish MACD, and volume confirmation, a backtesting strategy could focus on entering long positions when price breaks above key Fibonacci levels such as 0.0860 or 0.0885. A stop-loss could be placed below the 0.0830 level to manage risk, with take-profit targets at 0.0900 and 0.0925, aligning with the upper Bollinger Band and recent resistance. The doji pattern near 0.08902 and the consolidation from 0.0860 to 0.0840 offer potential opportunities to refine entry timing based on volatility compression and RSI divergence signals.