KSM/USDT upward momentum from demand zone? ๐KSM Analysis
๐ Paradisers, focus on #KSMUSDT, as it's currently exhibiting indications of a significant movement from an essential demand level.
๐ #Kusama is on a rising trajectory, suggesting a possible bullish break from its present demand zone. The expectation is for a retest of the demand level at $40.56 before it continues its upward journey. If #KSM successfully sustains above this level, it could pave the way for a climb towards the major supply zone at $63.04.
๐ However, if #KSM faces challenges in maintaining its stance above the $40.56 mark, we might need to rethink our trading strategy. Under such circumstances, our attention would shift to potentially starting a bullish movement from a lower bullish Order Block (OB) level at $33.52.
๐ It's crucial to keep a close watch on this level, as a breach below it could lead to a significant downward trend.
๐ #Kusama is on a rising trajectory, suggesting a possible bullish break from its present demand zone. The expectation is for a retest of the demand level at $40.56 before it continues its upward journey. If #KSM successfully sustains above this level, it could pave the way for a climb towards the major supply zone at $63.04.
๐ However, if #KSM faces challenges in maintaining its stance above the $40.56 mark, we might need to rethink our trading strategy. Under such circumstances, our attention would shift to potentially starting a bullish movement from a lower bullish Order Block (OB) level at $33.52.
๐ It's crucial to keep a close watch on this level, as a breach below it could lead to a significant downward trend.
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