$XLM breaks a new 24-hour high: current price 0.1849, previous high 0.1844.
After the breakout, two things are key:
· Can the previous high of 0.1844 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? A breakout on low volume can easily turn out to be false.
Are you bullish or leaning bearish from here?
#XLM
After the breakout, two things are key:
· Can the previous high of 0.1844 turn from resistance into support (holding on a retest)?
· Was there a surge in volume during the breakout? A breakout on low volume can easily turn out to be false.
Are you bullish or leaning bearish from here?
#XLM