đ $KSM
/USDT Technical Analysis đ
KSM/USDT has been on an impressive uptrend, and here's a breakdown of the current market structure and potential price targets:
đ Current Price: $42.08
đ 24h High: $44.28 (+17.90%)
đ 24h Low: $35.69
Looking at the 1H chart, we can identify three key targets for KSM in the near future:
đŻ 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.
đŻ 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.
đŻ 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 â If price retraces, watch for support around this level. A bounce here would signal potential further upside.
đ 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.
đš 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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