$KORU — Breakout Continuation Setup 🚀
KORU delivered a sharp breakout — price rallied from 21.72 to 24.89 (~14%) on a clear volume expansion (Vol MA5 spike vs MA10), confirming genuine buying interest, not a thin-liquidity wick.
After the breakout candle, two red candles printed — classic short-term profit booking, not distribution. The breakout candle's body (22.86–23.20) now flips into fresh support.
Entry Zone: 22.86 – 23.20
Stop Loss: Below 21.72
Target 1: 24.89
Target 2: 25.53
R:R: ~1:1.5 to 1:2
A close below 22.86 support → treat as failed breakout, retest of 21.72 likely.
This is a 3x leveraged underlying (Direxion Korea Bull 3X) traded as a perp — effectively stacking leverage on leverage. Size small, respect the stop.
KORU delivered a sharp breakout — price rallied from 21.72 to 24.89 (~14%) on a clear volume expansion (Vol MA5 spike vs MA10), confirming genuine buying interest, not a thin-liquidity wick.
After the breakout candle, two red candles printed — classic short-term profit booking, not distribution. The breakout candle's body (22.86–23.20) now flips into fresh support.
Entry Zone: 22.86 – 23.20
Stop Loss: Below 21.72
Target 1: 24.89
Target 2: 25.53
R:R: ~1:1.5 to 1:2
A close below 22.86 support → treat as failed breakout, retest of 21.72 likely.
This is a 3x leveraged underlying (Direxion Korea Bull 3X) traded as a perp — effectively stacking leverage on leverage. Size small, respect the stop.