$SUI breaks above the 24-hour high: current price 1.0525, previous high 1.0519.
After the breakout, focus on two things:
· Whether the previous high of 1.0519 turns from resistance into support (holding on a pullback)
· Whether the breakout is supported by volume; breakouts without volume often turn out to be false breakouts
Vote in the comments: bullish or bearish?
After the breakout, focus on two things:
· Whether the previous high of 1.0519 turns from resistance into support (holding on a pullback)
· Whether the breakout is supported by volume; breakouts without volume often turn out to be false breakouts
Vote in the comments: bullish or bearish?