$RATS hits a new 24-hour high: current price 0.00001854, previous high 0.00001812.
After the breakout, two things are key:
Can the previous high of 0.00001812 turn from resistance into support (hold on a retest)?
Was there a surge in volume during the breakout? A breakout on declining volume can easily turn into a false breakout.
Which direction are you more bullish on?
After the breakout, two things are key:
Can the previous high of 0.00001812 turn from resistance into support (hold on a retest)?
Was there a surge in volume during the breakout? A breakout on declining volume can easily turn into a false breakout.
Which direction are you more bullish on?