$ZK has broken below the 24-hour low: current price 0.0152, previous low 0.01521.
After the breakdown, watch two things:
· Will the previous low of 0.01521 turn from support into resistance (and will price fail to reclaim it on a rebound)?
· Did volume pick up during the breakdown? A break below on low volume could just be a bear trap.
Are you bullish or leaning bearish from here?
#ZK
After the breakdown, watch two things:
· Will the previous low of 0.01521 turn from support into resistance (and will price fail to reclaim it on a rebound)?
· Did volume pick up during the breakdown? A break below on low volume could just be a bear trap.
Are you bullish or leaning bearish from here?
#ZK