$ICNT breaks above its 30-day high: current price 0.1408, previous high 0.1376.
After the breakout, two things are key:
Can the previous high of 0.1376 turn from resistance into support (hold on a retest)?
Was there a surge in volume during the breakout? Breakouts without volume often turn into bull traps.
Which signal do you pay more attention to?
After the breakout, two things are key:
Can the previous high of 0.1376 turn from resistance into support (hold on a retest)?
Was there a surge in volume during the breakout? Breakouts without volume often turn into bull traps.
Which signal do you pay more attention to?