KSM / TetherUSPanjang
#KSMUSDT Navigating the Range with Promising Upside Potential
đź’ŽAfter a period of range trading, #KSMUSDT appears to have established the boundaries of its trading zone. Currently, the price finds itself near the lower end of this range, with the demand zone forming around the $23 mark.
đź’ŽParadisers, right now the key focus lies on the actions of the #KSM bulls. If they continue to defend this demand zone, it is highly likely that the price will regain momentum and ascend back towards the upper range boundary. The significance of this development cannot be overstated.
đź’ŽNow, let us delve into the factors that enhance the probability of an upward move. Firstly, we witness a successful bounce off the demand zone, highlighting the strength of buyer support. Additionally, there is a notable breakthrough above the downtrend trendline, which further reinforces the bullish sentiment. Lastly, today's clear rejection of the 50% Fibonacci retracement level adds another layer of optimism to the equation.
đź’ŽGiven these observations, it is prudent to assert that the probability overwhelmingly favors the buyers. As the MCP team closely monitors the price action, we anticipate #KSM to embark on an upward trajectory, targeting a double 88.6% Fibonacci retracement level around $26.9. Should this projection materialize, we could witness a notable 13% surge in the coming day or two.
Stay tuned, Paradisers and remember, the Paradise Club is here to guide you on this exciting trading journey! 🌴
đź’ŽParadisers, right now the key focus lies on the actions of the #KSM bulls. If they continue to defend this demand zone, it is highly likely that the price will regain momentum and ascend back towards the upper range boundary. The significance of this development cannot be overstated.
đź’ŽNow, let us delve into the factors that enhance the probability of an upward move. Firstly, we witness a successful bounce off the demand zone, highlighting the strength of buyer support. Additionally, there is a notable breakthrough above the downtrend trendline, which further reinforces the bullish sentiment. Lastly, today's clear rejection of the 50% Fibonacci retracement level adds another layer of optimism to the equation.
đź’ŽGiven these observations, it is prudent to assert that the probability overwhelmingly favors the buyers. As the MCP team closely monitors the price action, we anticipate #KSM to embark on an upward trajectory, targeting a double 88.6% Fibonacci retracement level around $26.9. Should this projection materialize, we could witness a notable 13% surge in the coming day or two.
Stay tuned, Paradisers and remember, the Paradise Club is here to guide you on this exciting trading journey! 🌴
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Follow a team of traders with 10+ years of experience?
Join FREE👉 t.me/+QwK2mkoTGBU0Nzc0
🎖️Or Fully Upgrade Your Trading With Clean strategy, and PRO Crypto Signals 👉 shorturl.at/ikpAV
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