๐ฉธ Triple bloodbath alert โ SNXXB, KORUB, and LUMIA all crashing 10-17% with RSI screaming oversold. Is this capitulation or just the beginning? Let me break down why I am watching all three for shorts ๐
These three are moving in lockstep today โ all deep red, all breaking structure, all showing bearish continuation signals. When small-caps correlate like this in a dump, the bounce trap is real.
๐ SNXXB ($9.36, -12.4%): 4H RSI at 40.8 with MACD diving deeper negative. Daily RSI 34.1 confirms the sellers are in control. Price crushed below SMA7 on the 4H โ every bounce is a lower high. Volume declining though, which means no capitulation yet.
๐ KORUB ($10.88, -10.5%): Daily RSI at 28.7 โ the most oversold of the trio. 4H MACD histogram expanding bearish. Price trading way below SMA7 ($11.30) and SMA25 ($11.48). This one has been bleeding out for days. Deeper losses, weaker bounces.
๐ LUMIA ($0.0745, -17.2%): Biggest single-day dump and volume surging at 2x average. RSI 32.6 on 4H, 39.3 on daily โ still has room to fall. Price broke below SMA99 ($0.082) which was the last major support. That is not bullish.
โก The play:
SNXXB โ Short $9.13-$9.59 | SL $10.29 | TP $8.85 โ $8.21
KORUB โ Short $10.58-$11.18 | SL $12.09 | TP $10.26 โ $9.52
LUMIA โ Short $0.0717-$0.0773 | SL $0.0856 | TP $0.0696 โ $0.0646
All three are oversold bounce traps. R:R sits at 0.4-0.5x but the conviction is high โ these are NOT reversal setups. Bear market = short the bounces.
Which one do you think dumps hardest? Drop your pick below ๐ฏ
#SNXXB #KORUB #LUMIA