$ZORA broke below the 24-hour low: current price 0.006354, previous low 0.006375.
After the breakdown, watch two things:
· Will the previous low of 0.006375 turn from support into resistance (if the rebound fails to reclaim it)?
· Was there a surge in volume during the breakdown? A break on low volume could just be a bear trap.
What do you think happens next?
#ZORA
After the breakdown, watch two things:
· Will the previous low of 0.006375 turn from support into resistance (if the rebound fails to reclaim it)?
· Was there a surge in volume during the breakdown? A break on low volume could just be a bear trap.
What do you think happens next?
#ZORA