📈LONG $KSM Technical Analysis for #KSM/USDT
Pattern: Falling wedge indicates potential bullish breakout.
Current Price: Consolidating near $39.00, around Fibonacci 0.618.
Support Levels: $39.00, $35.00 (key rebound areas).
Resistance Levels: $51.47, $59.27, $68.23
(targets).
Bullish Scenario: Breakout above $41.00 targets $51.47 initially.
Bearish Scenario: Rejection could lead to a drop toward $35.00.
Volume: Watch for increased volume to confirm breakout.
Short-term: Enter on breakout targeting $51.47.
Long-term: Accumulate near $35.00 - $39.00 for potential rally.
Note: Manage risks; not financial advice.