$H 30-day low, current price 0.03033, previous low 0.03044.
After a new low, three common patterns are:
① A rebound reaches the previous low and then falls back: the downtrend continues
② Price swings back and forth near the previous low: consolidation, waiting for direction
③ Price quickly recovers above the previous low and holds: a bear trap
For now, price is still below the previous low, so first watch whether it follows ① or ②.
#H
After a new low, three common patterns are:
① A rebound reaches the previous low and then falls back: the downtrend continues
② Price swings back and forth near the previous low: consolidation, waiting for direction
③ Price quickly recovers above the previous low and holds: a bear trap
For now, price is still below the previous low, so first watch whether it follows ① or ②.
#H
