$WAL hits a new 24-hour high: current price 0.03505, previous high 0.03478.
After the breakout, two things matter:
Can the previous high of 0.03478 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? Breakouts on declining volume often turn out to be false.
Would you chase the rally or wait?
After the breakout, two things matter:
Can the previous high of 0.03478 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? Breakouts on declining volume often turn out to be false.
Would you chase the rally or wait?