$USELESS has fallen below its 30-day low: current price 0.1903, previous low 0.1922.
After the breakdown, watch two things:
· Will the previous low of 0.1922 turn from support into resistance (price fails to break above it on a rebound)?
· Was there a surge in volume during the break? A break on low volume could be a false breakdown.
Anyone who knows more care to weigh in?
#USELESS
Just my personal observation, not investment advice. Please be aware of the risks.
After the breakdown, watch two things:
· Will the previous low of 0.1922 turn from support into resistance (price fails to break above it on a rebound)?
· Was there a surge in volume during the break? A break on low volume could be a false breakdown.
Anyone who knows more care to weigh in?
#USELESS
Just my personal observation, not investment advice. Please be aware of the risks.