$USELESS breaks the 24-hour high: current price 0.1626, previous high 0.1603.
After the breakout, two key things to watch:
· Can the previous high of 0.1603 turn from resistance into support (hold on a retest)?
· Was the breakout accompanied by sufficient volume? A breakout on low volume can easily turn into a false breakout.
What do you think will happen next?
After the breakout, two key things to watch:
· Can the previous high of 0.1603 turn from resistance into support (hold on a retest)?
· Was the breakout accompanied by sufficient volume? A breakout on low volume can easily turn into a false breakout.
What do you think will happen next?