$KOMA perp taking the scenic route 🎢
Spiked hard to a 0.025222 high, dumped all the way back to 0.019522 area, now basing back up to 0.020919, +31.44% on the day, this one's had the roughest round trip of the perps we've covered so far
MA(7) and MA(25) crossed back below the earlier levels then flattened out, now curling up again with price reclaiming both, that flattening after the dump followed by a reclaim usually means sellers are running out of steam, not confirmation of a new leg up yet though
Volume still heavy, 1.97B KOMA and 41.35M USDT, so there's plenty of participation even through the chop
Out of $AIN, $BR, $AVA and $KOMA today, this is the one that's given back the most from its high, worth watching if it can clear that 0.0218 to 0.0219 zone where MA(25) capped it before
Not financial advice, just watching the tape
Spiked hard to a 0.025222 high, dumped all the way back to 0.019522 area, now basing back up to 0.020919, +31.44% on the day, this one's had the roughest round trip of the perps we've covered so far
MA(7) and MA(25) crossed back below the earlier levels then flattened out, now curling up again with price reclaiming both, that flattening after the dump followed by a reclaim usually means sellers are running out of steam, not confirmation of a new leg up yet though
Volume still heavy, 1.97B KOMA and 41.35M USDT, so there's plenty of participation even through the chop
Out of $AIN, $BR, $AVA and $KOMA today, this is the one that's given back the most from its high, worth watching if it can clear that 0.0218 to 0.0219 zone where MA(25) capped it before
Not financial advice, just watching the tape
