$KOMA ran +39% and this is what the structure shows right now 👇
A 61% surge in 2 days put it up 39% on the day, so I took a closer look at the structure.
Look at what happened around 0.017833: KOMA got through by just 3.7%, tagged 0.018499 and fell back. Everyone who bought that breakout is sitting on a loss now.
The spot I care about is 0.016075. That's where the last dip bottomed (it retraced $KOMA 28% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.018499 though, I'm wrong.
📌 My KOMA trade: short from 0.018012, stop at 0.018981, target 0.016075 (+10.8%, 1:2)
📊 24h Vol: $49.0M | 24h Chg: +39.4% | Funding: +0.0464%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#KOMA #Crypto #Trading
A 61% surge in 2 days put it up 39% on the day, so I took a closer look at the structure.
Look at what happened around 0.017833: KOMA got through by just 3.7%, tagged 0.018499 and fell back. Everyone who bought that breakout is sitting on a loss now.
The spot I care about is 0.016075. That's where the last dip bottomed (it retraced $KOMA 28% of the move) and nobody's been back since. I'd expect price to go and check it. If it closes above 0.018499 though, I'm wrong.
📌 My KOMA trade: short from 0.018012, stop at 0.018981, target 0.016075 (+10.8%, 1:2)
📊 24h Vol: $49.0M | 24h Chg: +39.4% | Funding: +0.0464%
Top or just a pause? What do you think? 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#KOMA #Crypto #Trading
