$KAIA breached the 24-hour low: current price 0.0447, previous low 0.04507.
After the breakdown, watch two things:
· Whether the previous low of 0.04507 turns from support into resistance (price fails to reclaim it on a bounce)
· Whether trading volume increases on the breakdown; a low-volume break may be a false breakdown
Where do you see the key dividing line?
#KAIA
After the breakdown, watch two things:
· Whether the previous low of 0.04507 turns from support into resistance (price fails to reclaim it on a bounce)
· Whether trading volume increases on the breakdown; a low-volume break may be a false breakdown
Where do you see the key dividing line?
#KAIA