$KORU This sharp, cliff-like waterfall plunge is a textbook case of irrational emotional capitulation. After the market plunged repeatedly, huge volume surged at the bottom, suggesting that panic selling has been flushed out in a concentrated wave. Although the longer-term moving averages still loom overhead like a mountain, the RSI has sunk to the extremely oversold level of 26. Such extreme suppression can easily trigger a strong, retaliatory rebound!
Entry: 6.95
Stop-loss: 6.75
Take-profit: 7.55
$KORU - Long
Relying on the extreme volume spike at the bottom, take a short-term position to play an oversold rebound 👇
Entry: 6.95
Stop-loss: 6.75
Take-profit: 7.55
$KORU - Long
Relying on the extreme volume spike at the bottom, take a short-term position to play an oversold rebound 👇
