$DOOD has fallen below the 0.002 level; the current price is 0.001992.
Near key price levels, I usually watch three things:
① Close: An intraday break doesn’t count; it’s only a confirmed break if the price closes below 0.002;
② Retest: Can a rebound to around 0.002 reclaim the level? If not, that means it has flipped to resistance;
③ Volume: Did volume pick up during the break? A break on declining volume is more likely to be false.
#DOOD
Just a note for the record, not investment advice.
Near key price levels, I usually watch three things:
① Close: An intraday break doesn’t count; it’s only a confirmed break if the price closes below 0.002;
② Retest: Can a rebound to around 0.002 reclaim the level? If not, that means it has flipped to resistance;
③ Volume: Did volume pick up during the break? A break on declining volume is more likely to be false.
#DOOD
Just a note for the record, not investment advice.