$EVAA broke below the 24-hour low: current price 1.4192, previous low 1.487.
After the breakdown, watch two things:
Whether the previous low of 1.487 turns from support into resistance (price fails to break back above it on a rebound)
Whether trading volume increases during the breakdown—a break on low volume may be a false breakdown
What confirmation do you need before taking action?
After the breakdown, watch two things:
Whether the previous low of 1.487 turns from support into resistance (price fails to break back above it on a rebound)
Whether trading volume increases during the breakdown—a break on low volume may be a false breakdown
What confirmation do you need before taking action?