🐻 $KORU / USDT SHORT SETUP — BEARISH MOMENTUM INTENSIFYING! 🐻
KORU is facing massive selling pressure today, dumping a huge -32.13%! 📉 The bears are completely in control as the price breaks below major consolidation levels, and the 24h low is sitting at 701.00.
Here is my strategic Short Setup based on the 1H chart technicals:
⚡ ENTRY ZONE: 741.00 - 760.00 $ 🛒 (Current Price / On Retest)
🎯 TARGET 1 (TP1): 703.51 $ 💰 (Immediate Support Test)
🎯 TARGET 2 (TP2): 650.00 $ 💎
🎯 TARGET 3 (TP3): 600.00 $ 🚀 (Extended Bearish Target)
🛡️ STOP LOSS (SL): 820.00 $ 🛑 (Strict Risk Management)
⚠️ Market Analysis:
The chart clearly shows a strong breakdown pattern with consistent red candles. The support at 703.51 is under heavy threat. The blue arrow on the chart indicates that if the price breaks below 700, we can expect a rapid drop towards deeper support levels. This asset is highly volatile today, so keep your leverage low!
Are you shorting this dump or looking for a reversal? Let me know in the comments! 👇🗣️
#KORUUSDT #technical_analysis #BinanceSquareFamily #CryptoTrading. #Write2Earn $UB
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