$APR has broken below the 0.025 level, with the current price at 0.02547.
Around key price levels, I usually look at three things:
① Holding below: An intraday dip below doesn’t count; it’s a confirmed breakdown only if the full candle closes below 0.025.
② Retest: Can a rebound near 0.025 reclaim the level? If not, support has turned into resistance.
③ Volume: Did volume pick up during the breakdown? Breaks on declining volume are more likely to be reversed.
The price is now back above the level, so the first condition hasn’t been met yet.
Around key price levels, I usually look at three things:
① Holding below: An intraday dip below doesn’t count; it’s a confirmed breakdown only if the full candle closes below 0.025.
② Retest: Can a rebound near 0.025 reclaim the level? If not, support has turned into resistance.
③ Volume: Did volume pick up during the breakdown? Breaks on declining volume are more likely to be reversed.
The price is now back above the level, so the first condition hasn’t been met yet.