$KSM /USDT Short Trade Setup — Rejection Brewing After 18% Rally!
#Kusama ($KSM ) just surged +18.31% to $22.16, peaking at $24.63 before showing signs of stalling. With resistance stacking above and lower highs forming intraday, bears may be gearing up for a move.
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Current Trading Snapshot:
Price: $22.16
24h Change: +18.31%
24h High / Low: $24.63 / $18.33
24h Volume (KSM): 696,359.86
24h Volume (USDT): $15.39M
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Bearish Setup:
Short Entry Zone: $22.80 – $24.30
TP1: $21.00
TP2: $19.40
TP3: $18.20
Stop Loss: $25.10
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Market Insight:
KSM faced sharp rejection near $24.63 and is pulling back on weakening volume. Any push into the $23–$24.30 zone without new highs could trigger a short squeeze failure and fast drop to support near $18.30.
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Pro Tip:
Watch the 1h RSI for bearish divergence and monitor for a breakdown below $21.90 as confirmation. Use tight stops and trail profits once TP1 is hit.
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Buy And Trade Here On $KSM