$JST 24-hour low has appeared.
24h -3.13%, current price 0.1373, previous low 0.1383.
Structurally, a new low means the bulls’ defense has been breached. First, watch whether the price can reclaim the previous low on a rebound; if it can’t, the weakness may continue, while reclaiming it could signal a bottoming structure. Which side are you on? Share your thoughts in the comments.
Personal observations only; not financial advice.
24h -3.13%, current price 0.1373, previous low 0.1383.
Structurally, a new low means the bulls’ defense has been breached. First, watch whether the price can reclaim the previous low on a rebound; if it can’t, the weakness may continue, while reclaiming it could signal a bottoming structure. Which side are you on? Share your thoughts in the comments.
Personal observations only; not financial advice.