#KSMUSDT— Critical Retest at Demand Zone vs Long-Term Downt

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#KSMUSDT — Critical Retest at Demand Zone vs Long-Term DowntKSM / TetherUS PERPETUAL CONTRACTBINANCE:KSMUSDT.PCryptoAnalystSignal#KSM The price is moving within a descending channel on the 1-hour timeframe and has reached the lower boundary. It is now poised for a bounce and is expected to retest this boundary. The Relative Strength Index (RSI) indicates a downward trend, which is likely to continue given the overbought conditions. There is a key support zone (in green) at 4.22, and the price has bounced off this zone several times, making it a strong support level. The price is trending towards the 100-period moving average, which we are approaching. This trend supports an upward move. Entry Price: 4.82 First Target: 4.92 Second Target: 5.08 Third Target: 5.28 You can stop at the first and second targets and close below them, or continue towards the third target. Stop Loss: At the resistance zone (in green). Remember this simple rule: Money Management. Any questions? Please leave a comment. Thank you.