$COINB 24-hour new high established.
24h +2.39%, current price 181.78, previous high 179.03.
From a structural perspective, a new high means the overhead trapped positions are lighter, so short-term resistance is relatively small; however, if it quickly falls back below the previous high, be wary of a bull trap. Where is the watershed point in your minds?
#COINB
Data is for reference only; make independent decisions.
24h +2.39%, current price 181.78, previous high 179.03.
From a structural perspective, a new high means the overhead trapped positions are lighter, so short-term resistance is relatively small; however, if it quickly falls back below the previous high, be wary of a bull trap. Where is the watershed point in your minds?
#COINB
Data is for reference only; make independent decisions.