$SAND broke through the 24-hour high: current price 0.04869, previous high 0.04845.
After the breakout, there are two key things to watch:
· Whether the previous high of 0.04845 turns from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout; a breakout on low volume can easily turn out to be a false breakout
What do you think happens next?
#SAND
Markets involve risk. Please trade with caution.
After the breakout, there are two key things to watch:
· Whether the previous high of 0.04845 turns from resistance into support (holds on a retest)
· Whether trading volume increased during the breakout; a breakout on low volume can easily turn out to be a false breakout
What do you think happens next?
#SAND
Markets involve risk. Please trade with caution.