$KMNO

🚀 KMNO/USDT: Stability Post-Unlock?

Kamino (KMNO) is showing resilience today after navigating a significant token unlock of 229 million KMNO ($10 million) on January 30. Despite the recent sell pressure, the price is holding steady above critical support as the protocol continues to expand its Solana DeFi offerings.

📊 Technical Breakdown (4H Chart)

* Current Price: $0.03484 (+2.68%).

* Support Zone: Strong floor established at $0.0324 – $0.0331, which acted as a major bounce zone during the latest volatility.

* Immediate Resistance: Faces overhead supply at $0.0358 – $0.0362 (EMA 25) and a primary hurdle at $0.0436 (EMA 99).

* RSI (6): Sitting at 53.7, indicating a neutral trend that has recovered from recent "oversold" territory.

* Key Trend: Price is currently consolidating above the EMA 7 ($0.0344). Reclaiming the EMA 25 would confirm a short-term bullish reversal.

⚡ Trade Setup (Spot/Low Leverage)

* Entry Zone: $0.0335 – $0.0348 (Near current levels or on a retest of EMA 7).

* Target 1 (TP1): $0.0362 (EMA 25 resistance).

* Target 2 (TP2): $0.0410 (Psychological mid-range target).

* Target 3 (TP3): $0.0436 (Major 4H EMA 99 level).

* Stop Loss (SL): $0.0320 (Below the recent swing low).

> 💡 Market Insight: Watch for another supply event on February 8, 2026, when 100 million KMNO are scheduled to unlock for core contributors. This could introduce short-term volatility near our second target.

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#KMNO #KaminoFinance #SolanaDeFi #CryptoAnalysis #BinanceSquare

Would you like me to analyze the protocol's TVL (Total Value Locked) to see if institutional interest is supporting this price level?