$MARSCOIN hits a new 24-hour high: current price 0.0474, previous high 0.04717.
After the breakout, focus on two things:
· Whether the previous high of 0.04717 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout—a breakout on low volume can easily turn out to be false
What’s your take at this stage?