KORU Falls 15.97% to $9.42 as Open Interest Rises 9.35%

The Direxion South Korea Bull 3X Tokenized ETF (KORU) fell 15.97% to $9.42 in a 24-hour market snapshot Thursday, trading near its $9.39 lower Bollinger Band as open interest increased alongside the decline.

KORU traded between $9.05 and $11.63, with about $1.32 billion in 24-hour volume. It was below its seven-day simple moving average of $10.56 and its 20-day average of $11.01. Its daily relative strength index was 33.13, near oversold territory, while stochastic readings of 7.36 and 5.88 indicated weak momentum. Those indicators do not confirm a rebound.

Chart-based levels put support at $8.44 and $7.45, with a pivot at $10.03. Resistance levels were $11.02 and $12.61.

Binance global futures accounts were 90.5% long and 9.5% short. Top-trader accounts were 92.9% long and 7.1% short. The taker buy/sell ratio was 0.8581, with sell volume above buy volume. Funding was positive at 0.1067% per eight hours, meaning long positions paid short positions.

Open interest rose 9.35% to about 11.68 million contracts as KORU declined. The increase suggests new positions were added during the measured period.