$FARTCOIN has fallen below the 0.16 level, with the current price at 0.1587.
Around key price levels, I usually watch three things:
① Holding: An intraday break below doesn’t count; it’s only a confirmed break if the entire candlestick closes below 0.16.
② Rebound: Can the price recover 0.16 when it bounces back to that area? If it can’t, support has turned into resistance.
③ Volume: Does volume pick up during the break? A break on shrinking volume is more likely to be false.
#FARTCOIN
Don’t treat this as a basis for making trades.
Around key price levels, I usually watch three things:
① Holding: An intraday break below doesn’t count; it’s only a confirmed break if the entire candlestick closes below 0.16.
② Rebound: Can the price recover 0.16 when it bounces back to that area? If it can’t, support has turned into resistance.
③ Volume: Does volume pick up during the break? A break on shrinking volume is more likely to be false.
#FARTCOIN
Don’t treat this as a basis for making trades.