🔥 KSMUSDT | Short-Term Market Update 📊

$KSM is currently in a strong bearish structure, printing lower highs and lower lows. Price just tapped a local support zone, where a short-term reaction is possible 👀

KSM

7.34

+3.81%

KSMUSDT

Perp

7.329

+3.79%

📉 Primary Trend: Bearish

Momentum remains weak, but support reaction traders should wait for confirmation.

📈 Bullish Scenario (Relief Bounce / Reversal Play):

If KSM holds above support and forms a higher low, a corrective bounce can occur.

📌 Entry (Buy Setup):

✅ 7.45 – 7.52

(Support hold + bullish confirmation)

🎯 Take Profit (TP):

🥇 TP1: 7.65

🥈 TP2: 7.78

🥉 TP3: 7.95

🛑 Stop Loss (SL):

❌ 7.32

👉 Indicates sellers losing strength and buyers stepping in.

📉 Bearish Scenario (Continuation Breakdown):

If price breaks and closes below support, downside continuation is likely.

📌 Entry (Sell Setup):

❌ Below 7.40

(Break & retest failure)

🎯 Take Profit (TP):

🔻 TP1: 7.25

🔻 TP2: 7.10

🔻 TP3: 6.90

🛑 Stop Loss (SL):

❌ 7.58

👉 Confirms bearish control remains intact.

🧠 Market Insight:

• Trend: Bearish

• Volatility expanding after breakdown

• Relief bounces possible, but trend favors shorts

• Trade only after confirmation