$KOR IS UP 43%… BUT IS THE BOTTOM FINALLY IN?
KOR has entered a high-volatility phase, with price recovering from $0.006583 after a sharp sell-off. Despite being up 43.68% in 24 hours, the 15-minute chart still shows a bearish structure, with sellers rejecting the recent bounce.
KOR MARKET CYCLE
DOWNTREND: Heavy selling from the $0.014494 high.
BOTTOM WATCH: $0.006583 marks the recent visible low.
RELIEF BOUNCE: Buyers pushed price back toward $0.0090.
CONSOLIDATION: Price is stabilizing around $0.007184, but recovery remains unconfirmed.
PRE-BULL: Reclaiming $0.00850 could be the first sign of improving momentum.
KEY RESISTANCE: $0.0090–$0.0100.
WE ARE HERE: Potential accumulation after a major correction, but confirmation is still needed.
The big question: Is KOR building a base for another rally, or is this just a temporary bounce before another drop?
What do you think?
Disclaimer: Speculative technical analysis, not financial advice.
