$BASED has fallen below the 0.05 level.
A high-volume drop below it suggests the selling pressure is real, while a low-volume dip is more likely to rebound.
I’ll use the consolidation range before the unusual move as the dividing line: it only counts as a valid breakout if it stays outside that range.
Whether to buy is up to you; I’m just sharing my thoughts here.
A high-volume drop below it suggests the selling pressure is real, while a low-volume dip is more likely to rebound.
I’ll use the consolidation range before the unusual move as the dividing line: it only counts as a valid breakout if it stays outside that range.
Whether to buy is up to you; I’m just sharing my thoughts here.