KOMA's recent trend is indeed quite interesting. From a low of $0.01030 to a rebound to $0.01176, it looked like the decline was about to stop, but as soon as the high appeared, selling pressure surged, and the price dropped directly back to $0.01087, with an intraday decline of 7.17%. The 24-hour trading volume exceeded 1.25 million USDT, with a turnover of 116 million. You will notice that volume increased during the rebound, but during the actual decline, the selling pressure was even more fierce, indicating that the bulls are still too weak to reverse the previous downtrend.



If you want to participate in this wave of market, my advice is not to blindly buy the dip. If you really want to do a super short-term rebound, wait until the price rebounds to the $0.011000-$0.011200 range, and try with a small position, but the prerequisite is that the price must stabilize above the recent key resistance level. The first target for shorting can be around $0.010700; if it continues to fall, aim for $0.010500. If the downtrend doesn't stop, $0.010300 is also possible. Set your stop-loss at $0.011200; breaking this level will likely ease the short-term downtrend.

My personal view is that KOMA's sharp rise and fall this time is a sign of the bears taking control. The 30-day decline of 14.54% also fully proves the medium-term weak pattern. As long as it doesn't break through $0.011200, there's no need to change the bearish outlook. For those looking to go long, bottom-fishing at this stage is too risky; wait for clear signs of stabilization before entering safely. For short positions, don't rush to chase; it's better to wait until the rebound reaches resistance levels before entering, so you can more confidently profit from the downward trend.
KOMA-3,43%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
Add a comment
Add a comment
Don_tEatFishHeadLiMvip
· 01-16 12:11
Experienced driver, guide me 📈
View OriginalReply0
MetaRecktvip
· 01-11 11:16
KOMA's rebound is ridiculously fake, completely unconvincing.

---

The bears are suppressing it hard, the bulls have no way at all.

---

Friends trying to bottom fish, you really need to hold back this time, wait for the signal.

---

Once $0.011200 stabilizes, it feels like there could be a turning point. It's still too early.

---

The 30-day decline tells us that the medium-term pattern has indeed collapsed.

---

Shorts should wait for a rebound to the resistance level before entering, don't chase the high, everyone.

---

Looking at the trading volume, you can tell the bulls are feeling uneasy; the selling pressure is too strong.

---

Small positions can try, but large funds should prioritize survival.

---

Is it possible for $0.010500 to break directly? It feels like there's not much support below.
View OriginalReply0
ChainMaskedRidervip
· 01-10 11:42
The current bearish momentum is indeed intense, another classic trap to lure the bulls.

I've seen this kind of movement from KOMA many times: weak rebounds, fierce pullbacks, with the bulls just serving the bears.

Still, it's better to wait until the rebound hits the resistance level before taking action. Don't be reckless.
View OriginalReply0
LayerZeroHerovip
· 01-08 11:52
The short-term manipulation is quite strong this time, a rebound is just a false alarm

The bulls are so weak, yet they still dare to buy the dip? You're asking for trouble

Wait until the rebound reaches the resistance level before taking action, don't rush

The 30-day decline of KOMA is a typical sign of a weak coin

If $0.011200 can't be broken, I will continue to stay bearish

The rebound volume expands, and the falling selling pressure is even more fierce. If you understand the market, you’ll know what this means

Small positions can try, going all-in on the dip is a gambler’s mindset

Have you set your stop-loss? $0.011200, don’t be lucky

During the phase of bearish control, if you insist on going long, then prepare to be trapped

This market is suitable for shorting on rallies; those buying the dip are just bagholders
View OriginalReply0
GateUser-9f682d4cvip
· 01-08 11:52
Once again, it's the same pattern of opening high and closing low. The bulls are really too weak.
View OriginalReply0
OldLeekConfessionvip
· 01-08 11:36
Another fake rebound, the bulls really can't hold up anymore.
View OriginalReply0
TokenToastervip
· 01-08 11:35
The short sellers' control of the market this wave is indeed fierce, with a weak rebound and surging sell-offs. There's no hope for a rally.

The bulls are too weak, really.

If the $0.0112 level can't be broken, it will continue to decline, and I'm too lazy to bottom fish.

This wave of KOMA is just a celebration for the bears, and the medium term is destined to be weak.

Trying a rebound is okay, but don't be greedy. Small positions are enough.

The bearish logic still holds, no reason to change.

Sluggish trading volume indicates no one is optimistic, and this is a signal.
View OriginalReply0
TommyTeacher1vip
· 01-08 11:34
Another classic false breakout, the bulls really need to wake up.
View OriginalReply0
MetaverseHobovip
· 01-08 11:34
Thinking of reversing with such a small long position? Dream on. When selling pressure comes, you'll collapse immediately.
View OriginalReply0
View More
  • Pin