đ KSM â the canary network just sounded the alarm
Kusama $KSM is at $3.06, down ~2.5% today and -35% in a month. The canary network is supposed to test everything first for Polkadot â today it tested going down.
đ Levels: support $2.98â$3.00 (today's low), resistance $3.13 (today's high)
đ -7% over 5 sessions, -71% over the year, and still ~99.5% below its $621 ATH from 2021.
đĄ Acala's shutdown referendum adds pressure â KSM-related assets face a migration deadline in Feb 2027.
$BTC is at ~$71,600 (-4.1% today) after breaking below $72K, so the whole market is in the red. Fear & Greed 28.
Verdict: spot buyers watch $3.00 â hold it and a bounce to $3.13 is on the table; lose it and the next stop is lower.
Not financial advice. DYOR.
#Kusama #Crypto #Altcoins
Kusama $KSM is at $3.06, down ~2.5% today and -35% in a month. The canary network is supposed to test everything first for Polkadot â today it tested going down.
đ Levels: support $2.98â$3.00 (today's low), resistance $3.13 (today's high)
đ -7% over 5 sessions, -71% over the year, and still ~99.5% below its $621 ATH from 2021.
đĄ Acala's shutdown referendum adds pressure â KSM-related assets face a migration deadline in Feb 2027.
$BTC is at ~$71,600 (-4.1% today) after breaking below $72K, so the whole market is in the red. Fear & Greed 28.
Verdict: spot buyers watch $3.00 â hold it and a bounce to $3.13 is on the table; lose it and the next stop is lower.
Not financial advice. DYOR.
#Kusama #Crypto #Altcoins