$PARTI has lost the 0.035 level and is currently at 0.0345.
When assessing key price levels, I usually look at three things:
① Close: An intraday dip below the level doesn't count; it only qualifies as a valid breakdown if the entire candlestick closes below 0.035.
② Rebound: Can the price reclaim the area around 0.035 on a rebound? If it can't, support has turned into resistance.
③ Volume: Did volume pick up during the breakdown? A breakdown on declining volume is more likely to be false.
When assessing key price levels, I usually look at three things:
① Close: An intraday dip below the level doesn't count; it only qualifies as a valid breakdown if the entire candlestick closes below 0.035.
② Rebound: Can the price reclaim the area around 0.035 on a rebound? If it can't, support has turned into resistance.
③ Volume: Did volume pick up during the breakdown? A breakdown on declining volume is more likely to be false.