$HYPE breaks below the 7-day low: current price 78.23, previous low 78.384.
After the breakdown, watch two things:
· Whether the previous low of 78.384 turns from support into resistance (the price rebounds but fails to reclaim it)
· Whether trading volume picks up on the breakdown—a low-volume break may be a false breakdown
Do you think this is the beginning or the end?
#HYPE
After the breakdown, watch two things:
· Whether the previous low of 78.384 turns from support into resistance (the price rebounds but fails to reclaim it)
· Whether trading volume picks up on the breakdown—a low-volume break may be a false breakdown
Do you think this is the beginning or the end?
#HYPE