-40.6% gone—can anyone holding KORUB sleep tonight?

You don’t see a drop this steep often. KORUB is now at $6.30, down 40.6% in 24 hours, with $20 million in trading volume and a volume ratio of 3.3.

One thing I have to point out: daily trading volume is only $20 million. At this depth, the candlestick chart is basically just for show, and the cost of market manipulation is lower than you think.

Don’t ask where the bottom is—I have no idea either. Support at $9.43 (already broken): only talk about a rebound if it holds; otherwise, $8.68 is next. Resistance is at $14.05; if a rebound can’t break through, those levels are all chances to get out.

One thing to say: only gamble with money you can afford to lose, and cut back on leverage first. Not investment advice.

I check the market at this time every night without fail. Are you watching too?
The above is my personal observation of the market and does not constitute trading advice. DYOR.

$KORUB #KORUB #BTC #UnusualMarketActivity