$Binance Life hit a new 24-hour high of 0.5809; the previous high was 0.5757.
After a new high, price usually follows one of three paths:
① Pulls back to the previous high, holds, then moves up another step: the healthiest scenario
② Moves sideways near the previous high: changing hands while waiting for direction
③ Falls below the previous high and fails to reclaim it: a bull trap
For now, it’s still above the previous high. Let’s see whether it follows ① or ②.
#币安人生
This is not investment advice. You assume all risk.
After a new high, price usually follows one of three paths:
① Pulls back to the previous high, holds, then moves up another step: the healthiest scenario
② Moves sideways near the previous high: changing hands while waiting for direction
③ Falls below the previous high and fails to reclaim it: a bull trap
For now, it’s still above the previous high. Let’s see whether it follows ① or ②.
#币安人生
This is not investment advice. You assume all risk.