$Q breaks its 24-hour high: the current price is 0.128, and the previous high was 0.1277.
After the breakout, focus on two things:
Can the previous high of 0.1277 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? Breakouts on low volume often turn into bull traps.
What’s your take at this level?
After the breakout, focus on two things:
Can the previous high of 0.1277 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? Breakouts on low volume often turn into bull traps.
What’s your take at this level?