$NIGHT 7 A new daily low has appeared.
24h: -6.83%, current price: 0.03967, previous low: 0.03984.
From a structural perspective, a new low means the bulls’ line of defense has been breached. The first thing to watch on a rebound is whether it can reclaim the previous low; if not, the weakness may continue, while reclaiming it could signal the formation of a bottom. What do you think?
#NIGHT
24h: -6.83%, current price: 0.03967, previous low: 0.03984.
From a structural perspective, a new low means the bulls’ line of defense has been breached. The first thing to watch on a rebound is whether it can reclaim the previous low; if not, the weakness may continue, while reclaiming it could signal the formation of a bottom. What do you think?
#NIGHT