$PUMP breaks its 24-hour high: current price 0.003669, previous high 0.003651.
After the breakout, watch two things:
· Whether the previous high of 0.003651 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout—a breakout without volume can easily turn into a false breakout
Which side are you on? Share your thoughts in the comments.
#PUMP
After the breakout, watch two things:
· Whether the previous high of 0.003651 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout—a breakout without volume can easily turn into a false breakout
Which side are you on? Share your thoughts in the comments.
#PUMP