A valid breakout needs volume to back it up; breakouts on declining volume often fall back into the range.
Take this one, for example: the Polygon protocol burned 100 million POL two weeks ago, and 22 million POL are ready to enter the next burn phase.
Keep an eye on spot and futures markets to see who’s setting the pace.
$POL Current price: 0.1037.
#POL
Take this one, for example: the Polygon protocol burned 100 million POL two weeks ago, and 22 million POL are ready to enter the next burn phase.
Keep an eye on spot and futures markets to see who’s setting the pace.
$POL Current price: 0.1037.
#POL