$PUMP broke through the 0.0045 level.
Climbing back above this level is a boost to confidence, but whether it marks a trend reversal will depend on the next few candlesticks.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often isn’t. This is one of the indicators I pay close attention to.
Climbing back above this level is a boost to confidence, but whether it marks a trend reversal will depend on the next few candlesticks.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often isn’t. This is one of the indicators I pay close attention to.