🟢 $KORU is showing a potential short-squeeze setup after $1.3337K in short positions were liquidated at $13.25 on Binance.
The liquidation suggests pressure on bearish traders, but buyers still need to defend support and overcome nearby resistance. A clean breakout followed by a successful retest would strengthen the bullish case; rejection could bring a pullback toward lower liquidity.
EP: After confirmed breakout and retest
TP1: Nearest resistance
TP2: Previous swing high
TP3: Next overhead liquidity zone
SL: Below the confirmed retest low
📊 Market Insight: Avoid chasing price directly after a squeeze. Wait for a clear buyer reaction and maintain a favorable risk/reward ratio before entering.
⚠️ Exact entry and targets require the latest chart.
The liquidation suggests pressure on bearish traders, but buyers still need to defend support and overcome nearby resistance. A clean breakout followed by a successful retest would strengthen the bullish case; rejection could bring a pullback toward lower liquidity.
EP: After confirmed breakout and retest
TP1: Nearest resistance
TP2: Previous swing high
TP3: Next overhead liquidity zone
SL: Below the confirmed retest low
📊 Market Insight: Avoid chasing price directly after a squeeze. Wait for a clear buyer reaction and maintain a favorable risk/reward ratio before entering.
⚠️ Exact entry and targets require the latest chart.