Technical Analysis for $KSM
/USDT:
Current Price: $33.53 (up 9.29% in the last 24 hours).
Trend: Bullish, with positive momentum in the short term.
Support and Resistance Levels:
Support Level: $29.62 (previous low, critical support to hold uptrend).
Resistance Level: $33.72 to $33.93 (near term resistance zone).
Target Levels (🎯):
1. Target 1: $35.00 - If price breaks above $33.93, this would be the first target.
2. Target 2: $37.00 - A higher potential based on continuing upward momentum.
3. Target 3: $40.00 - Major resistance level for a longer bullish move.
Trade Momentum:
Bullish Momentum: KSM is in an uptrend, supported by increased volume and positive 24-hour price movement. Continued bullish movement above $33.72 can signal a move towards the target levels.
Signal:
Buy Signal: If price holds above $33.00 and confirms upward movement with continued volume.
Sell Signal: If price breaks below $29.62 or struggles at key resistance levels around $33.72.
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