Thunderclap over $KSM (4h) — Lightning Strikes Before the Calm
The battle rages as $KSM surges sharply upwards before hitting a volatile wall of resistance. The immediate threat of a pullback looms, suggesting the bulls might be caught in a lightning storm of rejection.
Price recently rocketed but now shows signs of rejection around current highs, hinting at a short-term retracement. Key supports lie at 11.16, 10.19, and 8.62, potential safe harbors if the selling storm intensifies. Watch for reversal signals near 11.16 or 10.19—these could ignite a fresh rally aiming for 12.10 and beyond to 14.30. A strong break and close above 12.10 might catapult $KSM further to 14.30 and 15.81, but failure there could spark a new bearish wave targeting lower levels. Trade wisely—confirmation from bullish or bearish candle patterns is critical before committing. The current battlefield remains undecided until $KSM decisively conquers 12.10–14.30 or falls below 10.19.
Try it now for free 👇
3K
0
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.