$DOT has fallen below the 24-hour low: the current price is 1.145, and the previous low was 1.1484.
After the breakdown, watch two things:
· Whether the previous low of 1.1484 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increased during the breakdown—a low-volume break could be a false breakdown
Will the market reverse next?
After the breakdown, watch two things:
· Whether the previous low of 1.1484 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increased during the breakdown—a low-volume break could be a false breakdown
Will the market reverse next?