Let's talk about $KAIA just now: down 3.74% in 5 minutes.
After a drop, levels that were previously breached often become resistance, so be careful if it rebounds to that area. I've been burned chasing this kind of rapid move, so now I always pause before reacting.
Don't treat this as a buy or sell signal.
After a drop, levels that were previously breached often become resistance, so be careful if it rebounds to that area. I've been burned chasing this kind of rapid move, so now I always pause before reacting.
Don't treat this as a buy or sell signal.