$CT broke below the 30-day low: current price 0.112, previous low 0.1142.
After the breakdown, watch two things:
Whether the previous low of 0.1142 turns from support into resistance (if the rebound fails to reclaim it)
Whether trading volume increased during the breakdown; a low-volume break could be a bear trap
Will the market trend change next?
#CT
After the breakdown, watch two things:
Whether the previous low of 0.1142 turns from support into resistance (if the rebound fails to reclaim it)
Whether trading volume increased during the breakdown; a low-volume break could be a bear trap
Will the market trend change next?
#CT