$ADA has fallen below the 0.17 level, with the current price at 0.1693.
Near key price levels, I usually look at three things:
① Holding above: An intraday dip below doesn’t count; it’s a confirmed break only if the price closes below 0.17.
② Rebound: Can the price regain 0.17 on a rebound? If it can’t, that signals a shift.
③ Volume: Did volume pick up during the break? A break on low volume may be false.
Near key price levels, I usually look at three things:
① Holding above: An intraday dip below doesn’t count; it’s a confirmed break only if the price closes below 0.17.
② Rebound: Can the price regain 0.17 on a rebound? If it can’t, that signals a shift.
③ Volume: Did volume pick up during the break? A break on low volume may be false.