$DOOD 7 A new daily high has been set.
24h +16.92%, current price 0.001555, previous high 0.001553.
Structurally, a new high means there is less selling pressure overhead and relatively little short-term resistance. But if the price quickly falls back below the previous high, watch out for a bull trap. What’s your take at this stage?
24h +16.92%, current price 0.001555, previous high 0.001553.
Structurally, a new high means there is less selling pressure overhead and relatively little short-term resistance. But if the price quickly falls back below the previous high, watch out for a bull trap. What’s your take at this stage?