$KMNO — 1H Channel Up: Buy the Dips 📈

[theSignalyst]

KMNO flipped short-term bullish and is climbing inside a clean rising channel on the 1H. After a push to the mid/upper rail, I’m watching for a pullback to the lower trendline for the next continuation leg.

Key levels

Support: ~0.070–0.071 (channel low / reload zone)

Resistance: 0.079–0.083 (channel high / intraday supply)

Scenarios

Bullish : Reaction from 0.070–0.071 (HL / bullish candle) → continuation toward 0.079–0.083.

Bearish : 1H close below the channel invalidates the setup and opens a deeper pullback before bulls try again.

Plan
Look for longs on confirmation at the lower rail (wick rejection / engulfing) or ride momentum on a strong reclaim of the channel midline.

️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
Stick to your trading plan regarding entries, risk, and management.

Good luck!
All Strategies Are Good; If Managed Properly!
~Richard Nasr.