💎 KSM has been making waves in the market with a notable bounce off its support level, marked by a strong green candle. Should this bounce prove to be a valid indicator of momentum, the next key level for KSM is the supply area. Successfully breaking through this supply area, probability could smooth KSM's path toward our designated target area.
💎 However, if KSM struggles to break through the supply zone, there's a chance it might revert to retesting at the support level to gather new momentum for another upward attempt.
💎 The support area is a critical juncture for KSM. At this point, it's imperative for KSM to either achieve a strong bounce or risk breaking down below the support level. Should KSM fail to rebound and instead break down, it could potentially continue on a downward trend, moving further down and potentially reaching the demand area.
Trade closed: target reached
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Nailed it again - #KSM is up 140.42%, right on cue!