$ELSA Broke below the 24-hour low: current price 0.07666, previous low 0.07701.
After the breakdown, watch two things:
· Whether the previous low of 0.07701 turns from support into resistance (the rebound fails to break through)
· Whether volume increased during the breakdown; a low-volume break may just be a false breakdown
Will the market reverse later?
#ELSA
After the breakdown, watch two things:
· Whether the previous low of 0.07701 turns from support into resistance (the rebound fails to break through)
· Whether volume increased during the breakdown; a low-volume break may just be a false breakdown
Will the market reverse later?
#ELSA