$ADA has breached the 0.25 level; the current price is 0.2489.
Around key price levels, I usually look at three things:
① Close: An intraday break below doesn’t count; it’s only a confirmed breakdown if the entire candlestick is below 0.25 at the close.
② Retest: Can the price reclaim 0.25 on a bounce? If not, that signals a reversal.
③ Volume: Did volume increase during the breakdown? A break on low volume is more likely to be false.
#ADA
Around key price levels, I usually look at three things:
① Close: An intraday break below doesn’t count; it’s only a confirmed breakdown if the entire candlestick is below 0.25 at the close.
② Retest: Can the price reclaim 0.25 on a bounce? If not, that signals a reversal.
③ Volume: Did volume increase during the breakdown? A break on low volume is more likely to be false.
#ADA