$JTO broke below the 24-hour low: current price 0.4212, previous low 0.4256.
After the breakdown, watch two things:
· Will the previous low of 0.4256 turn from support into resistance (price fails to reclaim it on a rebound)?
· Was there a surge in volume during the breakdown? A low-volume breakdown may be a false breakdown.
What do you think?
#JTO
After the breakdown, watch two things:
· Will the previous low of 0.4256 turn from support into resistance (price fails to reclaim it on a rebound)?
· Was there a surge in volume during the breakdown? A low-volume breakdown may be a false breakdown.
What do you think?
#JTO