$TRUTH has hit a new 30-day high: current price 0.01665, previous high 0.0164.
After the breakout, there are two key things to watch:
Can the previous high of 0.0164 turn from resistance into support (i.e., hold on a pullback)?
Was there a surge in volume during the breakout? A breakout on low volume can easily turn into a bull trap.
What kind of signal would you need before making a move?
Just my personal opinion, not investment advice.
After the breakout, there are two key things to watch:
Can the previous high of 0.0164 turn from resistance into support (i.e., hold on a pullback)?
Was there a surge in volume during the breakout? A breakout on low volume can easily turn into a bull trap.
What kind of signal would you need before making a move?
Just my personal opinion, not investment advice.