$JASMY broke above the 24-hour high: current price 0.00488, previous high 0.004838.
After the breakout, watch two things:
· Whether the previous high of 0.004838 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume—a breakout on low volume often turns into a bull trap
What kind of confirmation do you need before taking action?
#JASMY
The above is for informational purposes only and does not constitute investment advice.
After the breakout, watch two things:
· Whether the previous high of 0.004838 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume—a breakout on low volume often turns into a bull trap
What kind of confirmation do you need before taking action?
#JASMY
The above is for informational purposes only and does not constitute investment advice.