$🚨 Potential Short Trade Signal for $KSM /USDT 🚨
KSM/USDT is currently trading at $18.42, with a +9.12% increase in the last 24 hours.
📌 Short Entry Strategy:
🔻 Entry Point: Below $18.30 (Break of Recent Support)
🔻 Stop-Loss (SL): Above $19.10 (Recent High)
🔻 Take Profit (TP):
🎯 TP1: $18.00
🎯 TP2: $17.60
🎯 TP3: $17.30
🔹 Key Observations:
✔ Strong bullish momentum, but a wick rejection from $19.04 suggests possible reversal. 📉
✔ Price moving far from 7-MA, indicating overextension. ⚠
✔ A red candle forming after a long bullish move could signal profit-taking or reversal.
📊 Tags:
