$BULLA broke below the 24-hour low: current price 0.07763, previous low 0.0783.
After the breakdown, watch two things:
· Whether the previous low of 0.0783 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increased during the breakdown; a breakdown on low volume may be a bear trap
Will the market turn around later?
#BULLA
After the breakdown, watch two things:
· Whether the previous low of 0.0783 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increased during the breakdown; a breakdown on low volume may be a bear trap
Will the market turn around later?
#BULLA