$PYTH breaks above the 24-hour high: current price 0.0825, previous high 0.08145.
After the breakout, two key things to watch:
· Whether the previous high of 0.08145 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout; a breakout on low volume can easily turn into a bull trap
Where are you looking next?
#PYTH
For reference only. Trade at your own risk.
After the breakout, two key things to watch:
· Whether the previous high of 0.08145 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout; a breakout on low volume can easily turn into a bull trap
Where are you looking next?
#PYTH
For reference only. Trade at your own risk.