$W breaks through the 0.015 level. There are two possible scenarios next:
① It retests 0.015 and holds → the level turns into support, with the 24-hour high of 0.0154 as the next upside target.
② It falls back below 0.015 and fails to reclaim it → this is most likely a false breakout, so don't overstay.
I personally put more weight on how it holds up during the first retest.
① It retests 0.015 and holds → the level turns into support, with the 24-hour high of 0.0154 as the next upside target.
② It falls back below 0.015 and fails to reclaim it → this is most likely a false breakout, so don't overstay.
I personally put more weight on how it holds up during the first retest.