It is likely that the correction low is in based on multiple signals:
➖ KMDBTC found support below 0.786 Fib. retracement after peaking 20-Dec. ➖ On the drop, EMA300 and EMA200 were tested as support. ➖ KMDBTC has been trading above these long-term moving averages for more than a month now. ➖ The May 2023 support range matches the 0.786 Fib. retracement as well as the moving averages as support. The fact that we have a bounce at this level is a strong bullish signal. ➖ Additionally, the RSI is bullish.
👉 Easy 185% potential on the next jump. Much more possible long-term.