$NIL 24-hour high, current price 0.07932, previous high 0.07806.
After making a new high, price generally moves in one of three ways:
① Pulls back to the previous high, holds, then makes a new high: the healthiest scenario
② Chops around the previous high: a change of hands; watch for direction
③ Falls back below the previous high and fails to recover: a bull trap
It is currently above the previous high. Watch to see whether it follows scenario ① or ②.
#NIL
Volatility is high, so use leverage cautiously.
After making a new high, price generally moves in one of three ways:
① Pulls back to the previous high, holds, then makes a new high: the healthiest scenario
② Chops around the previous high: a change of hands; watch for direction
③ Falls back below the previous high and fails to recover: a bull trap
It is currently above the previous high. Watch to see whether it follows scenario ① or ②.
#NIL
Volatility is high, so use leverage cautiously.