$KOMA ran +26% and this is what the structure shows right now 👇
A 44% surge in 40 hours put it up 26% on the day, so I took a closer look at the structure.
The break above 0.016273 was tiny (2.3%) and KOMA got rejected from 0.016647 straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.014739. Nobody's touched it since $KOMA the pullback (32% of the leg), so it's the obvious magnet. A move above 0.016647 proves me wrong.
📌 My KOMA trade: short from 0.016417, stop at 0.017256, target 0.014739 (+10.2%, 1:2)
📊 24h Vol: $29.9M | 24h Chg: +25.9% | Funding: +0.0439%
Agree or disagree? Let me know 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#KOMA #Analysis #Trading
A 44% surge in 40 hours put it up 26% on the day, so I took a closer look at the structure.
The break above 0.016273 was tiny (2.3%) and KOMA got rejected from 0.016647 straight away. That's not strength, that's buyers running out of steam.
Next stop for me is 0.014739. Nobody's touched it since $KOMA the pullback (32% of the leg), so it's the obvious magnet. A move above 0.016647 proves me wrong.
📌 My KOMA trade: short from 0.016417, stop at 0.017256, target 0.014739 (+10.2%, 1:2)
📊 24h Vol: $29.9M | 24h Chg: +25.9% | Funding: +0.0439%
Agree or disagree? Let me know 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#KOMA #Analysis #Trading
