$BEAMX loses the 24-hour low: current price 0.002561, previous low 0.002573.
After the breakdown, watch two things:
· Whether the previous low of 0.002573 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume picks up during the breakdown—a low-volume break could just be a bear trap
Would you chase the move or wait and see?
For reference only, not investment advice.
After the breakdown, watch two things:
· Whether the previous low of 0.002573 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume picks up during the breakdown—a low-volume break could just be a bear trap
Would you chase the move or wait and see?
For reference only, not investment advice.