$NIL 24-hour low, current price 0.0844, previous low 0.08537.
After a new low, price generally moves in one of three ways:
① It bounces back to the previous low and gets pushed down: the decline continues
② It fluctuates around the previous low: a change of hands, direction unclear
③ It quickly reclaims the previous low and holds: a false breakdown
For now, price is below the previous low. Watch whether it follows ① or ②.
#NIL
After a new low, price generally moves in one of three ways:
① It bounces back to the previous low and gets pushed down: the decline continues
② It fluctuates around the previous low: a change of hands, direction unclear
③ It quickly reclaims the previous low and holds: a false breakdown
For now, price is below the previous low. Watch whether it follows ① or ②.
#NIL
