I'm going LONG on $KORU here. đ
Entry: $16.45â$16.65
TP: $17.00 / $17.40
SL: $16.45
You know what stands out on this chart?
KORU has dropped from above $18.00 to the $16.60 area, creating a clear sequence of lower highs and lower lows.
But price is now testing the $16.50â$16.60 support zone, where selling could begin to exhaust.
Here's the opportunity: if buyers defend this area and reclaim $16.85, short sellers may start taking profits, potentially fueling a relief bounce toward $17.00 and $17.40.
The key is a bullish market-structure shiftânot simply buying because the price has fallen.
If $16.50 breaks decisively, I'll abandon the LONG idea rather than catch a falling knife.
Entry: $16.45â$16.65
TP: $17.00 / $17.40
SL: $16.45
You know what stands out on this chart?
KORU has dropped from above $18.00 to the $16.60 area, creating a clear sequence of lower highs and lower lows.
But price is now testing the $16.50â$16.60 support zone, where selling could begin to exhaust.
Here's the opportunity: if buyers defend this area and reclaim $16.85, short sellers may start taking profits, potentially fueling a relief bounce toward $17.00 and $17.40.
The key is a bullish market-structure shiftânot simply buying because the price has fallen.
If $16.50 breaks decisively, I'll abandon the LONG idea rather than catch a falling knife.