A new $TA 30-day high has been set.
24h: +18.49%, current price: 0.1137, previous high: 0.109.
Structurally, a new high means less overhead supply from holders who bought at higher prices, so short-term resistance is relatively weak; but if the price quickly falls back below the previous high, beware of a false breakout. In one sentence, what’s your take right now?
24h: +18.49%, current price: 0.1137, previous high: 0.109.
Structurally, a new high means less overhead supply from holders who bought at higher prices, so short-term resistance is relatively weak; but if the price quickly falls back below the previous high, beware of a false breakout. In one sentence, what’s your take right now?