$NXPC 24-hour high, current price 0.1694, previous high 0.1684.
After a new high, it generally takes one of three paths:
① Pulls back to the previous high, holds, then makes a new high: the healthiest scenario
② Chops around the previous high: turnover, direction still unclear
③ Falls back below the previous high and can't reclaim it: a bull trap
Currently still above the previous high; watching to see whether it follows ① or ②.
#NXPC
After a new high, it generally takes one of three paths:
① Pulls back to the previous high, holds, then makes a new high: the healthiest scenario
② Chops around the previous high: turnover, direction still unclear
③ Falls back below the previous high and can't reclaim it: a bull trap
Currently still above the previous high; watching to see whether it follows ① or ②.
#NXPC