Today's topic | Trend validation
$KORUB 24h fell 26.89%, with the latest price at 6.88.
Trend validation takes three steps: breakout, pullback, and a renewed increase in volume. For now, just record the unusual move and wait for confirmation from the next two steps.
Short-term volatility is already elevated, increasing the risk of chasing rallies and selling into declines.
Use more data to validate the trend going forward.
#KORUB #TrendValidation
$KORUB 24h fell 26.89%, with the latest price at 6.88.
Trend validation takes three steps: breakout, pullback, and a renewed increase in volume. For now, just record the unusual move and wait for confirmation from the next two steps.
Short-term volatility is already elevated, increasing the risk of chasing rallies and selling into declines.
Use more data to validate the trend going forward.
#KORUB #TrendValidation
