$SIREN breaks above its 24-hour high: current price 0.03687, previous high 0.03649.
After the breakout, two things are key:
· Can the previous high of 0.03649 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? Breakouts without volume often turn out to be false breakouts.
If it were you, would you make a move or wait a little longer?
After the breakout, two things are key:
· Can the previous high of 0.03649 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? Breakouts without volume often turn out to be false breakouts.
If it were you, would you make a move or wait a little longer?