$AIN broke through the 0.19 level; the current price is 0.1976.
Near key price levels, I usually look at three things:
① Holding above: briefly touching it intraday doesn’t count—the entire candlestick must stay above 0.19 for it to be a genuine breakout;
② Retest: can the price hold near 0.19 during a pullback? If it holds, the transition is complete;
③ Volume: did trading volume pick up during the breakout? A breakout on declining volume is more likely to be false.
Be aware of the risks and make your own decisions.
Near key price levels, I usually look at three things:
① Holding above: briefly touching it intraday doesn’t count—the entire candlestick must stay above 0.19 for it to be a genuine breakout;
② Retest: can the price hold near 0.19 during a pullback? If it holds, the transition is complete;
③ Volume: did trading volume pick up during the breakout? A breakout on declining volume is more likely to be false.
Be aware of the risks and make your own decisions.