$OP broke through the 0.12 level. Next, consider two scenarios:
① Pull back to 0.12 and hold it → the level turns into support; look for the 24h high at 0.1249
② Drop back below 0.12 and can’t reclaim it → this move looks more like a brief sweep/high-touch, so don’t get too caught up in it
I personally care more about how the first pullback behaves.
#OP
Just for chart notes, not trading advice.
① Pull back to 0.12 and hold it → the level turns into support; look for the 24h high at 0.1249
② Drop back below 0.12 and can’t reclaim it → this move looks more like a brief sweep/high-touch, so don’t get too caught up in it
I personally care more about how the first pullback behaves.
#OP
Just for chart notes, not trading advice.