⚠️ -12.47%, $KORUB 24 hours pushed the price down to 7.16, with trading volume still at 20.666 million. This is a high-volume decline, not a slow slide on shrinking volume. This pattern suggests selling pressure is being actively released, not that there are no buyers.
From a technical perspective, whether 7.16 can hold depends on whether volume contracts next. With turnover of 20.666 million, a decline in volume followed by price stabilization would be the first step toward a structural reversal; a high-volume break below support would mark the start of another leg down.
The key level is right beneath us. Are you watching the 7.16 support, or waiting for volume to provide the answer?
$ETH $SOL
The above is for reference only and does not constitute investment advice. Please make your own independent judgment.
From a technical perspective, whether 7.16 can hold depends on whether volume contracts next. With turnover of 20.666 million, a decline in volume followed by price stabilization would be the first step toward a structural reversal; a high-volume break below support would mark the start of another leg down.
The key level is right beneath us. Are you watching the 7.16 support, or waiting for volume to provide the answer?
$ETH $SOL
The above is for reference only and does not constitute investment advice. Please make your own independent judgment.