A new low has appeared in the past $TIA 24 hours.
24h: -3.72%, current price: 0.4266, previous low: 0.4294.
Structurally, the new low means the bulls’ defensive line has been breached. On a rebound, the first thing to watch is whether price can reclaim the previous low. If it can’t, the weakness is likely to continue; if it does, this could turn out to be a false breakdown. What would you do?
24h: -3.72%, current price: 0.4266, previous low: 0.4294.
Structurally, the new low means the bulls’ defensive line has been breached. On a rebound, the first thing to watch is whether price can reclaim the previous low. If it can’t, the weakness is likely to continue; if it does, this could turn out to be a false breakdown. What would you do?
