๐ KORU | Potential short squeeze opportunity ๐ฅ
On the daily chart, a clear Inverse Head & Shoulders pattern (inverse head and shoulders / inverted bottom) has appeared ๐
๐น Current price: 21.16$
๐น Accumulation zone: 20.0 โ 21.2$
๐น Resistance / neckline: 23.3 โ 23.5$
๐ฏ Potential targets:
TP1: 26$
TP2: 30$
TP3: 35 โ 35.5$
๐ Itโs best to split your entry and not use your full capital from the first point.
โ ๏ธ Scenario invalidation: A break of the 16.8 โ 17$ zone with a daily close.
The idea depends on confirming a breakout of the neckline; any entry before the breakout is considered higher risk.
#KORU #Crypto #Spot #Trading #Altcoins
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On the daily chart, a clear Inverse Head & Shoulders pattern (inverse head and shoulders / inverted bottom) has appeared ๐
๐น Current price: 21.16$
๐น Accumulation zone: 20.0 โ 21.2$
๐น Resistance / neckline: 23.3 โ 23.5$
๐ฏ Potential targets:
TP1: 26$
TP2: 30$
TP3: 35 โ 35.5$
๐ Itโs best to split your entry and not use your full capital from the first point.
โ ๏ธ Scenario invalidation: A break of the 16.8 โ 17$ zone with a daily close.
The idea depends on confirming a breakout of the neckline; any entry before the breakout is considered higher risk.
#KORU #Crypto #Spot #Trading #Altcoins
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