$ACT 7: A new daily high has been set.
24h: +11.48%; current price: 0.00981; previous high: 0.009705.
Structurally, a new high means selling pressure overhead has eased, so short-term resistance is relatively low. However, if the price quickly falls back below the previous high, watch out for a bull trap. What signal are you waiting for before making a move?
24h: +11.48%; current price: 0.00981; previous high: 0.009705.
Structurally, a new high means selling pressure overhead has eased, so short-term resistance is relatively low. However, if the price quickly falls back below the previous high, watch out for a bull trap. What signal are you waiting for before making a move?