$GRASS 24-hour low confirmed.
24h -5.47%, current price 0.593, previous low 0.5966.
Structurally, a new low means the bulls’ defense has failed. On the rebound, the first thing to watch is whether the price can reclaim the previous low. If it can’t, weakness is likely to continue; if it can, this could turn out to be a false breakdown. If you were in this position, would you trade or stay on the sidelines?
24h -5.47%, current price 0.593, previous low 0.5966.
Structurally, a new low means the bulls’ defense has failed. On the rebound, the first thing to watch is whether the price can reclaim the previous low. If it can’t, weakness is likely to continue; if it can, this could turn out to be a false breakdown. If you were in this position, would you trade or stay on the sidelines?