$MUB 7 New low confirmed.
24h: -6.94%, current price: 957.49, previous low: 963.49.
From a structural perspective, a new low means the bulls’ line of defense has been breached. First, watch whether the rebound can reclaim the previous low; if it can’t, the weakness will likely continue. Reclaiming it is what could signal the formation of a bottom. What kind of confirmation are you waiting for before entering?
#MUB
24h: -6.94%, current price: 957.49, previous low: 963.49.
From a structural perspective, a new low means the bulls’ line of defense has been breached. First, watch whether the rebound can reclaim the previous low; if it can’t, the weakness will likely continue. Reclaiming it is what could signal the formation of a bottom. What kind of confirmation are you waiting for before entering?
#MUB