$BASED hits a new 24-hour high: current price 0.04453, previous high 0.04442.
After the breakout, focus on two things:
Can the previous high of 0.04442 turn from resistance into support (hold on a retest)?
Was the breakout backed by volume? A breakout on declining volume can easily turn into a bull trap.
Will the market change direction next?
This is not investment advice. Don’t blindly copy.
After the breakout, focus on two things:
Can the previous high of 0.04442 turn from resistance into support (hold on a retest)?
Was the breakout backed by volume? A breakout on declining volume can easily turn into a bull trap.
Will the market change direction next?
This is not investment advice. Don’t blindly copy.