$APE breached the 24-hour low: current price 0.1532, previous low 0.1542.
After the breakdown, watch two things:
· Whether the previous low of 0.1542 turns from support into resistance (a rebound fails to reclaim it)
· Whether trading volume increases during the breakdown; a low-volume break could be a false breakdown
How do you interpret this information?
After the breakdown, watch two things:
· Whether the previous low of 0.1542 turns from support into resistance (a rebound fails to reclaim it)
· Whether trading volume increases during the breakdown; a low-volume break could be a false breakdown
How do you interpret this information?