Trading Opportunity for $KSM Kusama
Entry Range: $36.50 - $37.20
đ„Trade Heređ$KSM
Kusama (KSM) has been showing moderate bullish momentum after bouncing off its 24-hour low of $33.18 and reaching a high of $38.14. The price is now consolidating in a narrow range between $36.50 and $37.20. This pattern suggests potential for a breakout or a small retracement. A scalping strategy would be optimal for this range. A long position can be initiated within the entry range of $36.50 - $37.20, with a tight stop loss of 0.8% to mitigate potential risks. If the price breaks upward, a target of $38.00 - $39.00 is plausible, with a 2.5% - 7% profit potential. Conversely, if the price starts to dip below $36.00, a short position may be considered.
đšNote: Trade at your own risk. DYOR.
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