$ARIA broke above the 0.13 level. There are two possible scenarios next:
① It pulls back to 0.13 and holds → the level turns into support, with the 24h high of 0.1366 as the next target above
② It falls back below 0.13 and fails to reclaim it → this looks more like a false breakout, so don't stay in the trade too long
I put more weight on how it holds during the first pullback.
I could be wrong too; don't take this as advice.
① It pulls back to 0.13 and holds → the level turns into support, with the 24h high of 0.1366 as the next target above
② It falls back below 0.13 and fails to reclaim it → this looks more like a false breakout, so don't stay in the trade too long
I put more weight on how it holds during the first pullback.
I could be wrong too; don't take this as advice.
