šŸš€ $KSM

/USDT Technical Analysis šŸš€

KSM/USDT has been on an impressive uptrend, and here's a breakdown of the current market structure and potential price targets:

šŸ“Š Current Price: $42.08

šŸ“ˆ 24h High: $44.28 (+17.90%)

šŸ“‰ 24h Low: $35.69

Looking at the 1H chart, we can identify three key targets for KSM in the near future:

šŸŽÆ Target 1 - $44.00: The price has been testing this resistance level, and a breakthrough here could lead to a continuation of the bullish trend. Watch for momentum to push past this barrier.

šŸŽÆ Target 2 - $46.00: If KSM breaks above $44.00, the next resistance is around $46.00, which has historically acted as a strong price level.

šŸŽÆ Target 3 - $50.00: With continued upward pressure, KSM could aim for $50.00, where significant selling interest could surface. This would mark a key milestone in the rally.

Key Support: $35.69 ā€“ If price retraces, watch for support around this level. A bounce here would signal potential further upside.

šŸ“ˆ Volume Insight: Strong volume support suggests that the bulls remain in control. Keep an eye on volume as we approach key resistance levels for confirmation.

šŸšØ Trading Tip: If KSM retraces to the $35.00 - $36.00 zone, consider looking for a potential entry, as this could offer an optimal risk-to-reward setup for the next leg up.

Stay tuned for more updates, and remember to trade responsibly!

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