$EIGEN hits a 24-hour high: current price 0.2443, previous high 0.2422.
After the breakout, focus on two things:
Can the previous high of 0.2422 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? Breakouts on declining volume often turn into bull traps.
Do you think this is the beginning or the end?
After the breakout, focus on two things:
Can the previous high of 0.2422 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? Breakouts on declining volume often turn into bull traps.
Do you think this is the beginning or the end?