$KAS 7 A new daily low has been set.
24h: -9.9%; current price: 0.03523; previous low: 0.03536.
Structurally, a new low means the bulls’ defense has failed. On a rebound, the first thing to watch is whether price can reclaim the previous low. If it can’t, the weakness is likely to continue; if it does, a false breakdown may be forming. What do you think happens next?
24h: -9.9%; current price: 0.03523; previous low: 0.03536.
Structurally, a new low means the bulls’ defense has failed. On a rebound, the first thing to watch is whether price can reclaim the previous low. If it can’t, the weakness is likely to continue; if it does, a false breakdown may be forming. What do you think happens next?