a short technical analysis and trade signal for KSM/USDT💯🔥🔥
Technical Analysis:
Current Price: $34.36 (up by 4.25% in 24h)
Support: $31.50 (recent 24h low)
Resistance: $35.76 (recent 24h high)
Trend: Bullish, with upward momentum since price has been moving above the support zone.
RSI: Neutral (around 50) – indicates no overbought or oversold conditions.
MACD: Bullish crossover, suggesting buying momentum.
Trade Signal:
Entry Point: Buy near $34.20 – $34.50, as price is trending up and showing support around $31.50.
Target Levels:
Target 1: $36.00
Target 2: $37.50
Target 3: $40.00
Stop Loss: $31.00 (below the recent low)
Momentum: Positive short-term momentum with the trend likely continuing upward in the near term.
Be sure to consider overall market conditions and adjust your risk management accordingly.
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