$CLANKER falls below the 16.5 level. There are two possible scenarios next:
① A rebound fails to reclaim 16.5 → the level turns into resistance; first, watch the 24h low of 14.21 below
② A quick move back above 16.5 → this was probably a false breakdown, and short positions could get squeezed
I’m more focused on how the first rebound plays out.
① A rebound fails to reclaim 16.5 → the level turns into resistance; first, watch the 24h low of 14.21 below
② A quick move back above 16.5 → this was probably a false breakdown, and short positions could get squeezed
I’m more focused on how the first rebound plays out.
