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Summary
• Price declined from 0.0572 to 0.05456 on bearish momentum and high turnover.
• Key support at 0.0548–0.0551 tested with bearish divergence in RSI.
• Volatility expanded with wide Bollinger Band range, suggesting potential consolidation or breakout.
• Volume surged during early ET hours before fading, indicating possible exhaustion in the move lower.
Kamino Finance/Tether (KMNOUSDT) opened at 0.05699 on 2026-01-13 12:00 ET and closed at 0.05456 on 2026-01-14 12:00 ET. The 24-hour period saw a high of 0.05725, a low of 0.05454, with a total volume of 12,182,404.0 and a notional turnover of 678,634.12.
The price action over the last 24 hours showed a distinct bearish bias, especially between 18:00–22:00 ET, when the price collapsed from 0.0571 to 0.0551. This decline was supported by high volume and turnover, suggesting strong selling pressure. A bearish engulfing pattern formed at 0.05666–0.05644, followed by a long bearish candle at 0.05631–0.05576, which confirmed the bearish sentiment.
Bollinger Bands expanded throughout the session, with price reaching the upper band at 0.05725 before retracting sharply to the lower band at 0.05454. This wide range suggests a volatile period, but the price has since begun to consolidate near the lower end of the band. RSI dipped into oversold territory around 0.0545–0.0548, but a divergence developed — price continued to fall while RSI flattened, suggesting potential support.

Moving averages on the 5-minute chart showed a clear bearish crossover with the 20SMA dropping below the 50SMA. The 50-period MACD turned negative, confirming the bearish momentum. Over the daily chart, the 50/100/200-day lines suggest the price remains below key trend support levels.
Fibonacci retracement levels from the key swing high (0.05725) to swing low (0.05454) placed 0.0557 (38.2%) and 0.0551 (61.8%) as critical areas to watch. The price briefly tested the 61.8% level before continuing lower, indicating it may not hold in the near term.
Volume activity peaked in the early evening hours before tapering off, indicating possible exhaustion in the bearish move. However, the decline was confirmed by rising turnover, pointing to strong conviction among sellers.
Looking ahead, Kamino Finance/Tether could see a test of the 0.0545–0.0548 support range. A break below this level could lead to further consolidation or even a short-term bounce. Investors should watch for a potential reversal setup near 0.0545 if RSI stabilizes. As always, the risk of further downside remains elevated if bearish momentum continues.
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