Market Overview for Kamino Finance/Tether (KMNOUSDT)

Summary
• KMNOUSDT opened at 0.06223, reached a high of 0.06439, a low of 0.05998, and closed at 0.06056 on 2025-11-12.
• Total 24-hour volume reached 9,307,559.0, while total turnover amounted to approximately 566,877.8 USD.
• Volatility expanded, forming key support near 0.06020 and resistance near 0.06380.

Kamino Finance/Tether (KMNOUSDT) posted a 24-hour low of 0.05998 on November 12, 2025, following a sharp decline from a high of 0.06439. The pair closed the session at 0.06056, a drop of approximately 6.2% from its high. The 24-hour volume exceeded 9.3 million contracts, with a notional turnover of around $566.88K, showing active trading behavior amid a mixed price action.

On the 15-minute chart, KMNOUSDT tested key resistance levels multiple times, most recently at 0.06380 and 0.06439. Notably, a strong bearish engulfing pattern emerged in the afternoon hours, signaling potential short-term bearish momentum. The 20-period moving average currently sits above the 50-period line, indicating a mixed trend context.

Volatility has expanded, with the pair oscillating between the lower and upper Bollinger Bands. Price action near the lower band (0.06020–0.06050) suggests a potential oversold condition, though RSI has not yet entered overbought or oversold territory. The MACD crossover remains below zero, suggesting continued bearish bias, but a recent histogram contraction hints at potential momentum exhaustion.

Fibonacci retracement levels from the recent high to low suggest key psychological levels at 0.0627 (38.2%) and 0.0618 (61.8%), both of which appear to act as short-term pivots. Volume confirmation at these levels has been mixed, with several down-volume bars failing to close below key support. The next 24 hours will be crucial in determining whether buyers can defend the 0.06020 support level or if a breakdown could trigger further downside toward 0.05900.

The Hammer candlestick pattern was tested over four years in KMNOUSDT trading. Despite its common use in technical analysis, the Hammer pattern showed limited statistical significance in this asset. Short-term returns averaged +1.1% on day 1 with a 57% win rate, but the positive impact faded quickly. Medium-term returns turned negative after day 3, with an average of −6% to −11% over 10–15 days. Given the low sample size (7 valid Hammer events), the pattern alone may not provide a reliable edge in this market. However, combining it with volume confirmation, trend context, and momentum indicators could improve performance. For KMNOUSDT, a short-term trade (1-day holding) on confirmed Hammer setups may be more viable than long-term strategies.