🚨 $KORU has climbed from $10.01 to $12.04, and now the chart is showing a different kind of battle: buyers are trying to hold their gains near the top.
The rally has been strong, but look at the latest candles. Price is moving sideways around $11.86 instead of pushing straight through the high. Volume has also cooled from the earlier surge, so I’d want to see fresh buying before assuming another leg up is underway.
The $12.04 level is the immediate hurdle. If buyers break above it and hold, the momentum could continue. On the downside, $11.69 is a nearby level to watch, while the MA(25) around $11.39 could become important if the pullback deepens.
What matters now is whether this consolidation gives buyers a chance to build strength or sellers an opportunity to take control.
After a rally like this, would you wait for a clean breakout above $12.04 or look for a pullback before considering an entry?
The rally has been strong, but look at the latest candles. Price is moving sideways around $11.86 instead of pushing straight through the high. Volume has also cooled from the earlier surge, so I’d want to see fresh buying before assuming another leg up is underway.
The $12.04 level is the immediate hurdle. If buyers break above it and hold, the momentum could continue. On the downside, $11.69 is a nearby level to watch, while the MA(25) around $11.39 could become important if the pullback deepens.
What matters now is whether this consolidation gives buyers a chance to build strength or sellers an opportunity to take control.
After a rally like this, would you wait for a clean breakout above $12.04 or look for a pullback before considering an entry?