Cryptocurrency forecast #KSM
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💹📉 Liquidation schedule (KSM) for the last 3 months:
The chart shows that the KSM price is in a downward trend. The main support and resistance levels are highlighted:
Support Levels:
$25: Current support level, which has already kept the price from falling further several times. $21: Key support level, below which the price has not yet fallen over the past 3 months.
Resistance levels:
$30: First resistance level, where the price has had difficulty rising several times. $35: Second resistance level, which is an important area for buyers.
Possible entry points:
Long (buy):
Entry point: $25, when support is confirmed and volumes increase. Target: $30. Stop loss: Below $21.
Short (sale):
Entry point: $30, when resistance is confirmed and liquidations increase. Target: $25. Stop loss: Above $35.
Price movement forecast:
It is expected that the price of KSM may continue to fluctuate between the $25 and $30 levels. A breakout of one of these levels with confirmation may indicate the further direction of price movement.
#Kusama
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