ksm_usdt

*📊 KSMUSDT | Kusama - Is the correction over?*

*Current status:*
Price: *$4.944* (-3.40% today)
24h high: *$5.244*
24h low: *$4.846*
Trading volume: *279.79M USDT*

After a sharp drop from the high of 5.244 to the low of 4.846, Kusama is now showing its first positive signal:

🔥 *Supertrend turned green at 4.892* and the price is above it at 4.944 - a reversal signal on the 5-minute timeframe
📈 *RSI(14) = 62.03* - it has moved out of oversold territory and is rising strongly, but there is still room before it reaches overbought territory (70)
💰 *Your demo account is at +16.91 PnL* - confirming the strength of the rebound from the low

*Scenario:*
If it holds above 4.944, the next targets are 5.001 and then 5.089
A break below 4.892 again invalidates the rebound

Kusama is a test network for Polkadot and is always volatile - this kind of move is normal for it.

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Bullish after the big drop
🚀
Good luck, everyone