$ARIA has broken below the 0.28 level, with the current price at 0.2907.
Around key price levels, I usually look at three things:
① Holding: An intraday dip below doesn’t count; it’s a confirmed break only if the entire candlestick closes below 0.28.
② Rebound: Can the price reclaim the area around 0.28 on a bounce? If it can’t, support has turned into resistance.
③ Volume: Did trading volume pick up during the break? A low-volume break is more likely to be false.
The price is now back above that level, so the first condition hasn’t been met yet.
Around key price levels, I usually look at three things:
① Holding: An intraday dip below doesn’t count; it’s a confirmed break only if the entire candlestick closes below 0.28.
② Rebound: Can the price reclaim the area around 0.28 on a bounce? If it can’t, support has turned into resistance.
③ Volume: Did trading volume pick up during the break? A low-volume break is more likely to be false.
The price is now back above that level, so the first condition hasn’t been met yet.
