Veterans call three-times leveraged tokens elevators: one ride up, three rides down

I’m not touching this one; I’ll stand outside and run the numbers twice
Entry math: short again if the bounce fails at 7.19, stop-loss at 7.46, target 6.09
Risk-reward is 4 to 1 (looks like a giveaway, but I know it isn’t)
No-entry math: if 7.19 gets taken out, the next door is at 7.69
The most I miss out on is 0.5 points (I’ve made this trade before; losing looks worse than missing out)
In thirty-six hours, it plunged from 11.602 to 6.091, down 47.5 points—that’s a building coming down
Last night at 23:00, that candle had 11.2 million contracts, 4.7 times the average across 48 candles
That was the only hammer; nobody could produce another after that
At 07:00, it probed 6.091, then rebounded to 6.722 in an hour, up 10.3%
But volume was only 0.8 times the average (the rebound was sharp, but there weren’t enough buyers)
The 20-period moving average at 8.0585 is 19.9% overhead—that’s the mountaintop of trapped holders
$KORU 6.722, I’ll wait for it to choose: break through 7.19, or hit it and fall back
(Not investment advice; trade at your own risk)