$AERO broke through the 0.6 level, with the current price at 0.6043.
Near key price levels, I usually look at three things:
① Closing price: An intraday touch doesn't count; the whole candlestick has to close above 0.6 for it to be a genuine breakout.
② Retest: Can the price hold around 0.6 after pulling back? If it holds, the shift is complete.
③ Volume: Did trading volume pick up during the breakout? Breakouts without volume are more likely to be false.
#AERO
This may not be accurate, so don't take it as advice.
Near key price levels, I usually look at three things:
① Closing price: An intraday touch doesn't count; the whole candlestick has to close above 0.6 for it to be a genuine breakout.
② Retest: Can the price hold around 0.6 after pulling back? If it holds, the shift is complete.
③ Volume: Did trading volume pick up during the breakout? Breakouts without volume are more likely to be false.
#AERO
This may not be accurate, so don't take it as advice.
