$KSM /USDT has been consolidating in a tight range for the past few hours, forming a potential bullish flag pattern. The price has recently broken above the upper trendline of the flag, suggesting a potential bullish breakout.
Current Price: $37.65
Entry Price: $37.65 (breakout of the flag)
Resistance Levels: $37.70, $38.00, $38.50
Support Levels: $37.50, $37.00, $36.50
Take Profit Targets:
* TP1: $38.00 (breakout of the immediate resistance)
* TP2: $38.50 (stronger resistance level)
* TP3: $39.00 (psychological level and potential target for a larger move)
Stop Loss: $37.00 (below the flag support)
Caution:
* The market is volatile, and the price could move quickly in either direction.
* Traders should use proper risk management techniques, such as stop-loss orders, to limit potential losses.
* It is important to monitor the market closely and adjust your position as needed.
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