$GRAM fell below the 24-hour low: current price 1.059, previous low 1.062.
After the breakdown, watch two things:
· Whether the previous low of 1.062 turns from support into resistance (price fails to break back above it on a rebound)
· Whether trading volume increases during the drop; a low-volume breakdown may just be a bear trap
What do you think?
#GRAM
After the breakdown, watch two things:
· Whether the previous low of 1.062 turns from support into resistance (price fails to break back above it on a rebound)
· Whether trading volume increases during the drop; a low-volume breakdown may just be a bear trap
What do you think?
#GRAM
