$VVV 24-hour low, current price 18.999, previous low 19.153.
Three common moves after a new low:
① Rebounds to the previous low and gets pushed back down: the decline continues
② Moves sideways near the previous low: consolidation, waiting for direction
③ Quickly recovers the previous low and holds: a false breakdown
Currently still below the previous low; watch whether it’s ① or ②.
#VVV
Three common moves after a new low:
① Rebounds to the previous low and gets pushed back down: the decline continues
② Moves sideways near the previous low: consolidation, waiting for direction
③ Quickly recovers the previous low and holds: a false breakdown
Currently still below the previous low; watch whether it’s ① or ②.
#VVV