💎 KSM has recently shown a noteworthy bounce after reaching the demand area. If this rebound is indicative of a valid retesting phase, there's a strong possibility that KSM could resume its upward momentum, probability reaching the targeted area set by market analysts and traders.
💎 However, if KSM revisits the demand area but fails to sustain itself above it, indicating a breakdown, this could lead to a downward movement. Typically, such a scenario would see the price retracing back towards a lower support level.
💎 The demand area thus becomes a crucial juncture for KSM. For the upward trend to be maintained, it's essential for KSM to not only bounce off this area but also to successfully reclaim and surpass the resistance level.
💎 If KSM is unable to achieve this and instead shows signs of weakness or consolidation at the demand level, it could suggest a potential downward trend, leading the price to lower levels.