$Niu Lai loses its 24-hour low: current price 0.06076, previous low 0.06244.
After the breakdown, watch two things:
Whether the previous low of 0.06244 turns from support into resistance (a rebound fails to reclaim it)
Whether trading volume picks up on the break; a low-volume break could just be a bear trap
Do you place more weight on data or news?
After the breakdown, watch two things:
Whether the previous low of 0.06244 turns from support into resistance (a rebound fails to reclaim it)
Whether trading volume picks up on the break; a low-volume break could just be a bear trap
Do you place more weight on data or news?