$BTW has broken below the 0.9 level; the current price is 0.8977.
Near key price levels, I usually watch three things:
① Holding: An intraday dip below doesn’t count; it’s a valid breakdown only if the entire candle is below 0.9.
② Retest: Can the price rebound to around 0.9 and reclaim it? If it can’t close back above, consider the level flipped.
③ Volume: Is trading volume picking up during the breakdown? Breaks on low volume are more likely to be false.
Near key price levels, I usually watch three things:
① Holding: An intraday dip below doesn’t count; it’s a valid breakdown only if the entire candle is below 0.9.
② Retest: Can the price rebound to around 0.9 and reclaim it? If it can’t close back above, consider the level flipped.
③ Volume: Is trading volume picking up during the breakdown? Breaks on low volume are more likely to be false.