$JCT has broken through the 0.004 level, and the current price is 0.004676.
Around key price levels, I usually look at three things:
① Holding above: An intraday touch doesn't count; it’s a real breakout only if the close is above 0.004.
② Retest: Can the price hold around 0.004 on a pullback? If so, resistance has become support.
③ Volume: Did trading volume increase during the breakout? Breakouts on lower volume are more likely to be false.
Around key price levels, I usually look at three things:
① Holding above: An intraday touch doesn't count; it’s a real breakout only if the close is above 0.004.
② Retest: Can the price hold around 0.004 on a pullback? If so, resistance has become support.
③ Volume: Did trading volume increase during the breakout? Breakouts on lower volume are more likely to be false.
