$TQQQB 30 New low confirmed.
24h: -8.8%, current price: 63.83, previous low: 64.2.
Structurally, a new low means the bulls’ defense has been breached. On a rebound, the first thing to watch is whether price can reclaim the previous low; if it can’t, the weakness is likely to continue. Only a move back above it could signal a potential bottom formation. What reasons do you each have for going long or short?
24h: -8.8%, current price: 63.83, previous low: 64.2.
Structurally, a new low means the bulls’ defense has been breached. On a rebound, the first thing to watch is whether price can reclaim the previous low; if it can’t, the weakness is likely to continue. Only a move back above it could signal a potential bottom formation. What reasons do you each have for going long or short?