$INIT 5 minutes +3.46%, current price 0.2122. There are two possible scenarios from here:
① If it pulls back but holds above the breakout level → the upward move may continue; first watch the 24h high of 0.2386
② If it falls back below the breakout level → this rally was probably a bull trap, so exit for now
I place more importance on how it holds on the first pullback. Is this an opportunity or just noise?
#INIT
① If it pulls back but holds above the breakout level → the upward move may continue; first watch the 24h high of 0.2386
② If it falls back below the breakout level → this rally was probably a bull trap, so exit for now
I place more importance on how it holds on the first pullback. Is this an opportunity or just noise?
#INIT