$JTO 24-hour new high, current price 0.5818, previous high 0.5723.
After making a new high, there are usually three common moves:
① Pull back to the previous high without breaking it, then make a new high again: strongest
② Repeatedly fluctuate around the previous high: rotation, wait and see
③ Quickly fall back below the previous high and cannot reclaim it: bull trap
It is still above the previous high now; observe whether it is ① or ②.
#JTO
Take it rationally and act within your means.
After making a new high, there are usually three common moves:
① Pull back to the previous high without breaking it, then make a new high again: strongest
② Repeatedly fluctuate around the previous high: rotation, wait and see
③ Quickly fall back below the previous high and cannot reclaim it: bull trap
It is still above the previous high now; observe whether it is ① or ②.
#JTO
Take it rationally and act within your means.