Kamino Finance saw a 17% gain in the past day, extending its performance over the past few weeks. Technical analysis using Bollinger Bands now places the token in overbought territory, suggesting a high risk of pullback toward the mid-band. However, bullish momentum remains supported by MACD in positive territory and accumulation on the market. Total Value Locked surged by over $253 million since September 2 to reach approximately $1.541 billion, while protocol fees exceed $169,000. Spot netflow shows roughly $65,000 in net accumulation following a $3.5 million buy.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
