Technical Analysis $KORU /USDT (Timeframe 1D):
Market Structure: The medium-term trend shows significant bearish pressure after failing to hold in the upper resistance area ($30.00–$35.00) and forming a new low in the $8.00 range.
Current Price Action: Price is moving around $11.63, consolidating above the psychological/local support area after experiencing a sharp decline over the last month (-49.93%).
Momentum & Volume Indicators: Daily trading volume shows a decline after the previous liquidity spike, indicating the market is in an accumulation or tight sideways phase.
Trading Signals (Futures / Perpetual):
Long Scenario (Rebound / Trend Reversal):
Entry Area: $11.00 – $11.63 (Confirmation that support holds).
Take Profit (TP):
TP1: $14.50
TP2: $17.00 (Lower boundary of moving average / nearest resistance)
Stop-Loss (SL): Below $9.80.
Short Scenario (Follow Bearish Trend / Breakdown):
Entry Area: Failure to break through the $13.00 area or if a breakdown occurs below $10.50 support.
Take Profit (TP):
TP1: $9.50
TP2: $8.00
Stop-Loss (SL): Above $12.50.
Market Structure: The medium-term trend shows significant bearish pressure after failing to hold in the upper resistance area ($30.00–$35.00) and forming a new low in the $8.00 range.
Current Price Action: Price is moving around $11.63, consolidating above the psychological/local support area after experiencing a sharp decline over the last month (-49.93%).
Momentum & Volume Indicators: Daily trading volume shows a decline after the previous liquidity spike, indicating the market is in an accumulation or tight sideways phase.
Trading Signals (Futures / Perpetual):
Long Scenario (Rebound / Trend Reversal):
Entry Area: $11.00 – $11.63 (Confirmation that support holds).
Take Profit (TP):
TP1: $14.50
TP2: $17.00 (Lower boundary of moving average / nearest resistance)
Stop-Loss (SL): Below $9.80.
Short Scenario (Follow Bearish Trend / Breakdown):
Entry Area: Failure to break through the $13.00 area or if a breakdown occurs below $10.50 support.
Take Profit (TP):
TP1: $9.50
TP2: $8.00
Stop-Loss (SL): Above $12.50.
