$KORU was hit pretty hard today 🔻


The price has now lost the MA200 on the 4H chart, which is an important level for the current structure.
If sellers remain in control from here, I’m watching $17 → $16 as the next downside zone
That move could happen fairly quickly if the MA200 fails to be reclaimed.
However, honestly, chasing the downside here is very risky.
For anyone taking a short position, I would place the stop-loss around $19.30.
If #KORU manages to reclaim that area, the bearish setup begins to weaken.
For now, sellers have the upper hand. 👀
MA200 lost → $17–16 becomes the focus → $19.30 = key invalidation.
$BTC
BTC10.24%
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PIUSDT
Long
Isolated 10X
Return %
+5.76%
+0,05 USDT
Entry Price(USDT)
0,086
Mark Price(USDT)
0,0865
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OnchainTech
· 08-19 03:35
Once MA200 breaks, the bears run rampant—but you really need to be careful about chasing shorts.
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LaowangCrypto
· 08-19 02:25
Shorting here is indeed risky. If it rebounds above 19.3, execute the stop-loss immediately and don’t get stubborn.
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L2Messenger
· 08-19 02:21
From the 4H structure, losing MA200 has significantly undermined bullish confidence, but if the 17-16 support zone holds, a rebound from a false breakdown could emerge. I’d rather wait for the price to reach around 16 before considering going long; bears are currently in control, but the risk-reward ratio is not very favorable.
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YieldFarmer
· 08-19 02:05
Every time I see people saying “a rapid drop,” I can’t help but laugh. The market makers are just waiting for you to enter a short position, and you’ll be liquidated as soon as it rebounds. In this kind of market, staying on the sidelines is the safest option.
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GridWeaver
· 08-19 01:40
Bro, you set your stop-loss at 19.30, but with KORU being so volatile, by the time it reaches 19.3, you may already have suffered a considerable loss. It would be more reasonable to use ATR to set the stop-loss.
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