$DOS breaks below the 24-hour low: current price 0.2409, previous low 0.2456.
After the breakdown, watch two things:
· Whether the previous low of 0.2456 turns from support into resistance (price can’t reclaim it on a bounce)
· Whether volume picked up during the breakdown—a low-volume break could just be a bear trap
Are you chasing it or waiting?
Just my personal opinion—don’t take it too seriously.
After the breakdown, watch two things:
· Whether the previous low of 0.2456 turns from support into resistance (price can’t reclaim it on a bounce)
· Whether volume picked up during the breakdown—a low-volume break could just be a bear trap
Are you chasing it or waiting?
Just my personal opinion—don’t take it too seriously.