$KMNO right now is clearly under pressure.

Price is 0.02761 and EMA 200 is way above at 0.03003 that tells you the higher timeframe trend is still bearish. Every time price tries to bounce, it gets rejected before building any real momentum. You can see lower highs forming, which is not a bullish sign.

Right now it’s just a weak pullback inside a downtrend. Unless KMNO reclaims 0.0289–0.0292 with strong volume and starts holding above it, upside will stay limited.

If 0.0270 breaks properly, we can see another leg down. So honestly, this is not a strong buy zone it’s more of a wait-and-watch setup until structure shifts