【See Decline】
KORUB is currently reported at 19.620, down 12.88% over the past 24 hours, still down 19.75% over 7 days, and trading within 18.370–22.530 intraday.
KORUB is down 12.88% in 24 hours; after bouncing back near 22.530, it was pushed down again, where there is a high density of trapped sell orders overhead.
The rebound is on lower volume while declines are on higher volume— the volume-price structure is bearish.
In the short term, the outlook is bearish.
【Bearish Reasons】
A 24-hour drop of 12.88% indicates that aggressive selling has not exhausted.
If the rebound does not build volume above 22.530, it should be treated as bearish consolidation.
$KORUB #KORUB
KORUB is currently reported at 19.620, down 12.88% over the past 24 hours, still down 19.75% over 7 days, and trading within 18.370–22.530 intraday.
KORUB is down 12.88% in 24 hours; after bouncing back near 22.530, it was pushed down again, where there is a high density of trapped sell orders overhead.
The rebound is on lower volume while declines are on higher volume— the volume-price structure is bearish.
In the short term, the outlook is bearish.
【Bearish Reasons】
A 24-hour drop of 12.88% indicates that aggressive selling has not exhausted.
If the rebound does not build volume above 22.530, it should be treated as bearish consolidation.
$KORUB #KORUB