$FLUID has broken through the 2.5 mark, and the current price is 2.516.
Near key price levels, I usually look at three things:
① Closing price: An intraday touch doesn’t count; it’s a genuine breakout only if the price closes above 2.5;
② Retest: Can it hold near 2.5 on a pullback? If it holds, that confirms the shift;
③ Volume: Did trading volume pick up during the breakout? A breakout on low volume is more likely to be false.
#FLUID
In a highly volatile market, risk management comes first.
Near key price levels, I usually look at three things:
① Closing price: An intraday touch doesn’t count; it’s a genuine breakout only if the price closes above 2.5;
② Retest: Can it hold near 2.5 on a pullback? If it holds, that confirms the shift;
③ Volume: Did trading volume pick up during the breakout? A breakout on low volume is more likely to be false.
#FLUID
In a highly volatile market, risk management comes first.
