$Lobster loses its 24-hour low: current price 0.04089, previous low 0.04109.
After the breakdown, watch for two things:
· Whether the previous low of 0.04109 turns from support into resistance (a rebound that fails to break through)
· Whether trading volume increases on the breakdown—a low-volume break could just be a bear trap
Do you agree with these signals?
After the breakdown, watch for two things:
· Whether the previous low of 0.04109 turns from support into resistance (a rebound that fails to break through)
· Whether trading volume increases on the breakdown—a low-volume break could just be a bear trap
Do you agree with these signals?