$MANA has broken below the 24-hour low: current price 0.0837, previous low 0.08408.
After the breakdown, watch for two things:
· Whether the previous low of 0.08408 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increases during the drop; a low-volume breakdown could just be a bear trap
Do you recognize this signal?
After the breakdown, watch for two things:
· Whether the previous low of 0.08408 turns from support into resistance (the price fails to reclaim it on a rebound)
· Whether trading volume increases during the drop; a low-volume breakdown could just be a bear trap
Do you recognize this signal?