Market Overview: Kusama/Tether (KSMUSDT) – 24-Hour Summary
Summary
• KSMUSDT formed a bullish breakout above 7.65 with strong volume confirmation in the early hours.
• Momentum accelerated midday, with a 20-period MA crossing above 7.76 and RSI reaching overbought territory.
• Volatility expanded during a 2.5% range from 7.65 to 7.81, with price consolidating near upper Bollinger bands at the close.
• Volume surged after 2:15 AM ET with a 7.76 high, indicating potential accumulation or distribution.
Kusama/Tether (KSMUSDT) opened at 7.44 on 2025-12-12 at 12:00 ET and closed at 7.79 the next day. The price reached a high of 7.84 and a low of 7.43. Total volume was 56,899.55, with notional turnover of $444,078.
Structure & Formations
KSMUSDT broke above a key resistance at 7.65 following a bullish engulfing pattern at 2:15 AM ET, followed by a sharp rally toward 7.84. A minor pullback formed near 7.75–7.77, but the price held above 7.76 in the final hours.
Moving Averages & Momentum
The 20-period MA crossed above 7.76 in the early morning, confirming a short-term bullish bias.
The RSI hit overbought levels in the morning and remained elevated, suggesting strong momentum, while MACD showed a positive divergence with price.
Volatility and Bollinger Bands
Volatility expanded sharply after 2:15 AM ET as the price moved from 7.65 to 7.84. Price spent most of the session above the upper Bollinger band, indicating strong conviction in the bullish trend.
Volume and Turnover
The largest 5-minute volume spike occurred at 2:15 AM ET with a turnover of $130,366, coinciding with the breakout above 7.65. Turnover remained elevated through the morning before tapering off as the price consolidated.
Fibonacci Retracements
The 61.8% retracement level of the 7.43–7.84 move sits at 7.69, which the price tested and held above during the afternoon.
The market appears to be in a consolidating phase ahead of a potential test of 7.85. However, traders should watch for a break below 7.75, which could indicate short-term profit-taking or a shift in sentiment.
Decoding market patterns and unlocking profitable trading strategies in the crypto space
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.



Comments
No comments yet