$ZEREBRO 24-hour low, current price 0.02833, previous low 0.02841.
After a new low, it usually goes one of three ways:
① It bounces to the previous low and then drops: the decline continues
② It moves sideways near the previous low: turnover, direction still unclear
③ It quickly reclaims the previous low and holds above it: a bear trap
For now, it's still below the previous low. Watch to see whether it follows ① or ②.
Don't take this as advice.
After a new low, it usually goes one of three ways:
① It bounces to the previous low and then drops: the decline continues
② It moves sideways near the previous low: turnover, direction still unclear
③ It quickly reclaims the previous low and holds above it: a bear trap
For now, it's still below the previous low. Watch to see whether it follows ① or ②.
Don't take this as advice.