🐋 $KORUB hit a new 24-hour low; selling pressure hasn't let up.
Current price: 8.01, breaking below the previous low of 8.05, with 24-hour trading volume of $7.99 million.
There are often plenty of long-position stop-losses stacked below the previous low, and breaking through it can trigger a cascade of stop-losses. Watch for large orders absorbing the selling at lower levels.
Current price: 8.01, breaking below the previous low of 8.05, with 24-hour trading volume of $7.99 million.
There are often plenty of long-position stop-losses stacked below the previous low, and breaking through it can trigger a cascade of stop-losses. Watch for large orders absorbing the selling at lower levels.