$VVV stood at the 24-hour high: current price 25.128, previous high 24.754.
After the breakout, focus on two things:
· Whether the previous high of 24.754 can turn from resistance into support (a pullback that does not break below)
· Whether volume confirms the breakout; a breakout on low volume can easily turn into a bull trap
What signal will you wait for before making a move?
#VVV
After the breakout, focus on two things:
· Whether the previous high of 24.754 can turn from resistance into support (a pullback that does not break below)
· Whether volume confirms the breakout; a breakout on low volume can easily turn into a bull trap
What signal will you wait for before making a move?
#VVV