📢 $KORUB / $USDT | 🔴 SHORT | ⭐ 75.2%
🎯 Target: $19.2297. Is it still falling?
🎯 Trading levels:
🟢 Entry: $20.0167
🛑 Stop Loss: $20.4889
🏁 TP1: $19.2297
🏁 TP2: $19.0723
🏁 TP3: $18.7575
📉 Analysis:
The market structure in $KORUB / $USDT shows a complete bearish alignment across all timeframes. The ADX of 32.26 confirms a strong trend, while the bearish MACD crossover (momentum indicator) and the RSI at 37.57 (weakness zone) validate selling pressure after the confirmation of a triple top. Price remains below the EMA20 and EMA50 (moving averages that act as dynamic resistance) and trades below the POC at $20.0857, reinforcing the bearish bias.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The thesis is invalidated if price breaks above the stop loss level at $20.4889, invalidating the structure of lower highs. The entry is validated by sustained selling pressure and rejection in the POC area, monitoring that volume confirms a breakout of the immediate support at $19.18.
Do you think the $19.18 support will be enough to stop this bearish momentum, or do you expect an extension toward the lower levels?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #KORUB #trading #Futures #Bearish
🎯 Target: $19.2297. Is it still falling?
🎯 Trading levels:
🟢 Entry: $20.0167
🛑 Stop Loss: $20.4889
🏁 TP1: $19.2297
🏁 TP2: $19.0723
🏁 TP3: $18.7575
📉 Analysis:
The market structure in $KORUB / $USDT shows a complete bearish alignment across all timeframes. The ADX of 32.26 confirms a strong trend, while the bearish MACD crossover (momentum indicator) and the RSI at 37.57 (weakness zone) validate selling pressure after the confirmation of a triple top. Price remains below the EMA20 and EMA50 (moving averages that act as dynamic resistance) and trades below the POC at $20.0857, reinforcing the bearish bias.
⚖️ Risk/Reward: 1:1.67
⏱️ Timeframe: 1H
📐 Technical confidence: 5/5
The thesis is invalidated if price breaks above the stop loss level at $20.4889, invalidating the structure of lower highs. The entry is validated by sustained selling pressure and rejection in the POC area, monitoring that volume confirms a breakout of the immediate support at $19.18.
Do you think the $19.18 support will be enough to stop this bearish momentum, or do you expect an extension toward the lower levels?
💡 This analysis is for educational purposes and not financial advice. Do your own research and decide calmly.
#crypto #KORUB #trading #Futures #Bearish
