$DOS falls below its 30-day low: current price 0.1515, previous low 0.1522.
After the breakdown, watch for two things:
· Does the previous low of 0.1522 turn from support into resistance (the price rebounds but fails to reclaim it)?
· Is there a rise in volume during the breakdown? A low-volume break could be a false breakdown.
What confirmation are you waiting for before taking action?
After the breakdown, watch for two things:
· Does the previous low of 0.1522 turn from support into resistance (the price rebounds but fails to reclaim it)?
· Is there a rise in volume during the breakdown? A low-volume break could be a false breakdown.
What confirmation are you waiting for before taking action?
