$BEAT 30New intraday high, current price 0.1174, previous high 0.1164.
After reaching a new high, there are generally three possible moves:
① Pull back to the previous high without breaking below it, then make a new high: strongest
② Waver around the previous high: consolidation; watch for direction
③ Drop straight back below the previous high and fail to recover: false breakout
Currently above the previous high; watch whether it follows ① or ②.
#BEAT
Volatility is high, so manage your leverage carefully.
After reaching a new high, there are generally three possible moves:
① Pull back to the previous high without breaking below it, then make a new high: strongest
② Waver around the previous high: consolidation; watch for direction
③ Drop straight back below the previous high and fail to recover: false breakout
Currently above the previous high; watch whether it follows ① or ②.
#BEAT
Volatility is high, so manage your leverage carefully.