I’m opening the chart $KSM and noticing that the upward momentum today is quite strong. The current price is now pressing against the resistance zone at 5.329, with an increase of nearly 15% over the past 24 hours. The RSI on the smaller timeframe has risen to as high as 78.3, indicating that the bullish momentum is quite elevated. What catches my attention is that the Open Interest has just jumped by more than 10% within the past hour, while the funding rate is still slightly negative. If buying pressure and the inflow of capital continue to hold as they test the top resistance zone, I’ll watch to see whether the bulls can maintain the momentum—I'm not going to rush into a chase trade while the indicator “temperature” is still at a high level. #KSM #KSMUSDT #Crypto Watch:$MOVR $SOON

I’m opening the chart $KSM and noticing that the upward momentum today is quite strong. The current price is now pressing against the resistance zone at 5.329, with an increase of nearly 15% over the past 24 hours. The RSI on the smaller timeframe has risen to as high as 78.3, indicating that the bullish momentum is quite elevated. What catches my attention is that the Open Interest has just jumped by more than 10% within the past hour, while the funding rate is still slightly negative. If buying pressure and the inflow of capital continue to hold as they test the top resistance zone, I’ll watch to see whether the bulls can maintain the momentum—I'm not going to rush into a chase trade while the indicator “temperature” is still at a high level.

#KSM #KSMUSDT #Crypto

Watch:$MOVR $SOON