$KORUB has dropped sharply, down 26.05% in the last 24 hours. This adds to its 42.2% decline over the past seven days, bringing the price 44% below its weekly high of $18.88. The selling volume is high, with 24-hour volume over 6 times its seven-day average. This confirms strong selling pressure on the asset.
The current price of $10.56 is nearing its 7-day low of $10.07. The RSI at 30.7 suggests it is approaching oversold territory, but there is no clear reversal signal yet. My view is "no trade yet" until there is evidence of sustained buying support. A move back above $12.50 on higher volume would suggest a potential bounce. I will be watching for signs of consolidation or a clear break above resistance.
#KORUB #PriceAction
The current price of $10.56 is nearing its 7-day low of $10.07. The RSI at 30.7 suggests it is approaching oversold territory, but there is no clear reversal signal yet. My view is "no trade yet" until there is evidence of sustained buying support. A move back above $12.50 on higher volume would suggest a potential bounce. I will be watching for signs of consolidation or a clear break above resistance.
#KORUB #PriceAction