🔥 $KORU – Bearish Continuation Expected After Minor Relief Bounce
Trading Plan Short $KORU
Entry: 12.50 – 13.10
SL: 14.20
TP1: 11.20
TP2: 10.55
TP3: 9.50
Analysis: Price remains heavily locked in a strong downtrend on the 4H chart, trading well below key moving averages (MA7, MA25, MA99). The recent bounce off $10.55 lacks strong buying volume and represents a classic dead-cat bounce into resistance. As long as price stays capped below $13.50, bears maintain total control for further downside.
🌐 Current Expert Insights & Market Updates
TradingView / Market Sentiment: Analysts report that leverage products tracking South Korea (like KORU) are under immense pressure following a steep global selloff in tech and semiconductor stocks (including SK Hynix earnings volatility).
Investing.com & Market Analysts: Experts highlight high implied volatility and margin call pressure across leveraged regional funds. Market sentiment remains cautious, with short-term downside risks persisting until South Korean semi-conductors and broader tech indices stabilize.
Trading Plan Short $KORU
Entry: 12.50 – 13.10
SL: 14.20
TP1: 11.20
TP2: 10.55
TP3: 9.50
Analysis: Price remains heavily locked in a strong downtrend on the 4H chart, trading well below key moving averages (MA7, MA25, MA99). The recent bounce off $10.55 lacks strong buying volume and represents a classic dead-cat bounce into resistance. As long as price stays capped below $13.50, bears maintain total control for further downside.
🌐 Current Expert Insights & Market Updates
TradingView / Market Sentiment: Analysts report that leverage products tracking South Korea (like KORU) are under immense pressure following a steep global selloff in tech and semiconductor stocks (including SK Hynix earnings volatility).
Investing.com & Market Analysts: Experts highlight high implied volatility and margin call pressure across leveraged regional funds. Market sentiment remains cautious, with short-term downside risks persisting until South Korean semi-conductors and broader tech indices stabilize.