$KSM

/USDT Technical Analysis:💯🔥

Current Price: $35.45

24h Price Change: +5.41%

24h High: $35.81

24h Low: $33.07

Key Resistance Level: $35.81 (near-term resistance)

Key Support Level: $33.07 (near-term support)

Trade Signal:

Bullish Momentum: Currently, the price is moving upward with a positive change of +5.41% in the last 24 hours, indicating strong bullish momentum.

Immediate Target Levels:

1. Target 1 (Resistance): $36.50 – Potential resistance level where price may face rejection or consolidation.

2. Target 2: $37.50 – Next major resistance level; break above this would signal further upward potential.

3. Target 3: $38.00 – Long-term target if bullish momentum continues and breaks previous resistance.

Trade Momentum:

RSI: Suggests the market is bullish with potential for further uptrend but caution may be needed near overbought territory.

Volume: Volume is strong, indicating confidence in the price movement and potential continuation of the bullish trend.

Actionable Trade:

Entry Point: Buy near the current price around $35.45, targeting $36.50.

Stop-Loss: Place a stop-loss around $33.00 in case the support fails.

This technical analysis suggests a short-term bullish trend with potential higher resistance around $36.50 and beyond.

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