$ZK Trading above its 30-day high: current price 0.01676, previous high 0.01664.
After a breakout, two things matter:
· Can 0.01664, the previous high, turn from resistance into support (and hold on a retest)?
· Was there a surge in volume during the breakout? Breakouts without volume often turn out to be false breakouts.
Which signal would you trust?
#ZK
After a breakout, two things matter:
· Can 0.01664, the previous high, turn from resistance into support (and hold on a retest)?
· Was there a surge in volume during the breakout? Breakouts without volume often turn out to be false breakouts.
Which signal would you trust?
#ZK