### $KORU
The trend is strongly bearish
USDT
*Price:* $10.26 (-14.21%) | *High:* $12.05 | *Low:* $10.10 | *Volume:* $1.27B
### 1. Trend
- *Trend:* Strongly bearish on the 1-day timeframe
- *Movement:* Decline from $56.06 to $9.78 = -82.5%
- *Current status:* Price at $10.26 is very close to the $9.78 low, following a sharp daily breakdown
- *SAR:* $13.77 above the price = bearish
- *Distance from SAR:* Price is 25.5% below SAR
### 2. Indicators
- *MACD:* DIF at -2.68 is below DEA at -2.33
- *Histogram:* -0.35, red
- *Interpretation:* Bearish crossover; momentum is negative and selling pressure remains strong. There are no signs of weakening in the decline.
### 3. Support and Resistance
Level Type Significance
$56.06 Resistance Peak
$27.83 Resistance Distant resistance
$17.65 Resistance Intermediate resistance
$13.77 Resistance SAR
$12.05 Resistance 24-hour high
$10.26 Current price Consolidation zone
$10.10 Support 24-hour low
$9.78 Support Low
### 4. Scenarios
*Bullish scenario:*
- Condition: A daily candle closes above $12.05
- Target: $13.77 SAR
- After that: $17.65
*Bearish scenario:*
- Condition: A daily candle breaks below $9.78
- Target: $7.48
- Loss from the current price: -27.1%
### 5. Decision
- *Don't enter now:* The trend is strongly bearish and MACD is red
- *The right entry:* A daily close above $12.05 would be the first sign of improvement; a close above $13.77 would confirm it
- *Stop:* Below $9.78 on a daily close
### 6. Summary
*Devastating 82.5% decline from $56.06 to $9.78. The price is now almost touching the low, but there is no confirmation of a reversal. MACD is red and SAR is far above the price. Don't catch a falling knife; wait for stability above 12.05#BinancePick
The trend is strongly bearish
USDT
*Price:* $10.26 (-14.21%) | *High:* $12.05 | *Low:* $10.10 | *Volume:* $1.27B
### 1. Trend
- *Trend:* Strongly bearish on the 1-day timeframe
- *Movement:* Decline from $56.06 to $9.78 = -82.5%
- *Current status:* Price at $10.26 is very close to the $9.78 low, following a sharp daily breakdown
- *SAR:* $13.77 above the price = bearish
- *Distance from SAR:* Price is 25.5% below SAR
### 2. Indicators
- *MACD:* DIF at -2.68 is below DEA at -2.33
- *Histogram:* -0.35, red
- *Interpretation:* Bearish crossover; momentum is negative and selling pressure remains strong. There are no signs of weakening in the decline.
### 3. Support and Resistance
Level Type Significance
$56.06 Resistance Peak
$27.83 Resistance Distant resistance
$17.65 Resistance Intermediate resistance
$13.77 Resistance SAR
$12.05 Resistance 24-hour high
$10.26 Current price Consolidation zone
$10.10 Support 24-hour low
$9.78 Support Low
### 4. Scenarios
*Bullish scenario:*
- Condition: A daily candle closes above $12.05
- Target: $13.77 SAR
- After that: $17.65
*Bearish scenario:*
- Condition: A daily candle breaks below $9.78
- Target: $7.48
- Loss from the current price: -27.1%
### 5. Decision
- *Don't enter now:* The trend is strongly bearish and MACD is red
- *The right entry:* A daily close above $12.05 would be the first sign of improvement; a close above $13.77 would confirm it
- *Stop:* Below $9.78 on a daily close
### 6. Summary
*Devastating 82.5% decline from $56.06 to $9.78. The price is now almost touching the low, but there is no confirmation of a reversal. MACD is red and SAR is far above the price. Don't catch a falling knife; wait for stability above 12.05#BinancePick