$ETHFI breaks above its 24-hour high: current price 0.6968, previous high 0.6872.
After the breakout, two key things to watch:
· Can the previous high of 0.6872 turn from resistance into support (holding on a retest)?
· Was there a surge in trading volume during the breakout? A breakout on declining volume can easily turn into a bull trap.
Are you bullish or leaning bearish from here?
Crypto markets are risky. Be cautious when entering.
After the breakout, two key things to watch:
· Can the previous high of 0.6872 turn from resistance into support (holding on a retest)?
· Was there a surge in trading volume during the breakout? A breakout on declining volume can easily turn into a bull trap.
Are you bullish or leaning bearish from here?
Crypto markets are risky. Be cautious when entering.