$STBL hits a 24-hour high: current price 0.02412, previous high 0.024.
After the breakout, two things are key:
Can the previous high of 0.024 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.
Will the market change direction later?
After the breakout, two things are key:
Can the previous high of 0.024 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.
Will the market change direction later?