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.
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