Technical Analysis - KAMINO/USDT (1H)
The asset is in a consolidation zone between the highlighted support and resistance levels, with the price reacting close to $0.115 after a fall.
If it breaks $0.1232, it can seek $0.127 as the next target.
If it loses $0.1131, the price can fall to $0.108, key support.
⚠️ It is recommended to observe the behavior of the RSI and MACD to confirm the trend before new entries. 🚀
Support: $0.1131 / $0.108
Resistance: $0.1232 / $0.127
RSI: Indicates selling momentum, suggesting weakness in the short term.
MACD: Indicates buying momentum, pointing to a possible reversal or continuation of the rise. Kamino is a DeFi protocol that automates liquidity provisioning strategies on decentralized exchanges (DEXs), optimizing returns for users. It offers solutions such as:
Concentrated Liquidity Automation: Automatically adjusts liquidity positions to maximize returns.
Rewards Reinvestment: Generated rewards are automatically reinvested, increasing total returns.
Ease of Use: Allows users to provide liquidity without the need for constant monitoring.
Kamino's focus is to simplify the process of generating passive income in DeFi, making it accessible to all levels of investors. 🚀
