Ayen3499
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Ayen3499
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Everyone seems to be chasing the bottom on $KORUB /USDT, but I'm keeping an eye on the 18.64 level. It looks more like a potential trap than a true reversal.
$KORUB – SHORT 📉
Trade Setup:
Entry: 18.52578 – 18.75422
Stop Loss: 21.33335
Take Profit 1: 16.61999
Take Profit 2: 15.27331
Take Profit 3: 13.25330
Why this setup?
The 15-minute RSI is sitting at 28.74, showing oversold conditions. However, the 4-hour chart is still moving sideways, and the ATR suggests high volatility. This means any move back to 18.64 is more likely to be a retest of resistance rather than a trend reversal. If the setup plays out, price could gradually move toward the downside targets.
What do you think? 🤔
If 18.64 is rejected as resistance, would you enter the short toward 16.62, or would you wait for a confirmed breakdown before taking the trade?
$KORUB – SHORT 📉
Trade Setup:
Entry: 18.52578 – 18.75422
Stop Loss: 21.33335
Take Profit 1: 16.61999
Take Profit 2: 15.27331
Take Profit 3: 13.25330
Why this setup?
The 15-minute RSI is sitting at 28.74, showing oversold conditions. However, the 4-hour chart is still moving sideways, and the ATR suggests high volatility. This means any move back to 18.64 is more likely to be a retest of resistance rather than a trend reversal. If the setup plays out, price could gradually move toward the downside targets.
What do you think? 🤔
If 18.64 is rejected as resistance, would you enter the short toward 16.62, or would you wait for a confirmed breakdown before taking the trade?
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