$JUP breaks a new 24-hour high: current price 0.2546, previous high 0.253.
After the breakout, focus on two things:
Whether the previous high of 0.253 can turn from resistance into support (holding on a retest)
Whether trading volume increased during the breakout; a breakout on low volume can easily turn into a false breakout
How do you interpret this data?
After the breakout, focus on two things:
Whether the previous high of 0.253 can turn from resistance into support (holding on a retest)
Whether trading volume increased during the breakout; a breakout on low volume can easily turn into a false breakout
How do you interpret this data?
