$DOGE breaks above the 24-hour high: current price 0.08589, previous high 0.08556.
After the breakout, focus on two things:
· Whether the previous high of 0.08556 turns from resistance into support (and holds on a retest)
· Whether trading volume increases during the breakout—a breakout on declining volume can easily turn into a bull trap
What’s your take at this stage?
#DOGE
After the breakout, focus on two things:
· Whether the previous high of 0.08556 turns from resistance into support (and holds on a retest)
· Whether trading volume increases during the breakout—a breakout on declining volume can easily turn into a bull trap
What’s your take at this stage?
#DOGE