📊 Kusama (KSM) Market Analysis – May 2025
🎯 Current Price: ~$22
🗓️ Last Covered: May 2024 (1 Year Ago)
🧠 Technical Outlook: Fresh Start
Kusama (KSM) recently broke out of a long-term downward trend, with a confirmed breakout near $12–$12.50. Since then, the asset surged and is now consolidating around $21.
🔍 Key Levels to Watch:
✅ Support Zone:
• Primary: $20 (psychological and short-term support)
• Secondary: $18 (technical breakout base)
🎯 Upside Targets:
• First Target (T1): $25 (recent high)
• Second Target (T2): $30 (next resistance & round number psychological level)
🛑 Stop-Loss:
• Conservative: $19.80 (just below psychological $20)
• Aggressive: $17.80 (below $18 support base)
📈 Trade Setup Example:
• Entry: $22.38 (current market price)
• Target 1: $25
• Target 2: $30
• Stop Loss: $19.80
• Risk/Reward (T1): ~2:1
• Risk/Reward (T2): ~4:1
🧩 Investor Notes:
Price must hold above $20 to remain bullish
If KSM fails to hold $20 support for more than 2 days, downside to $10 is possible
Second daily candle close above $20 is critical for confirmation of the uptrend
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