$KORU jumped more than 13% in a single Friday session and closed back above its one-year average price. I'm long, but not here. My zone is 21.70-22.20, well below the current print. Chasing the candle that already moved is how leveraged ETFs punish you. The move parked price directly under the 24-25 shelf that capped it in August. That shelf is the ceiling here, not something to shoot through. Why 21.70-22.20: - Friday's pullback low sits inside the band - The mid-term moving average runs through it - August resistance flipped to support there - Five of six analysis angles read bullish Three unrelated reasons on one band beats any one of them. Entry 21.70-22.20. Target 24.60, just under the shelf. Stop 20.72, beneath Friday's intraday low. The stop is structural, not a percentage. Under 20.72 Friday's surge was a failed breakout, and my reason for being long stops existing. Risks: 3x Korean equity. Four to five percent days are normal, leverage bleeds in chop, and a gap can open past 20.72 — treat it as a level, not a fill price. No currency hedge either. Monday strength in Seoul is largely in Friday's US price already. These US-listed Korea ETFs lead the Seoul session. Published by YTIlab · OMNISIGHT REPORT Not investment advice. All decisions and responsibility are your own.