$JCT breaks the 24-hour high: current price 0.002286, previous high 0.002222.
After the breakout, two key things to watch:
· Whether the previous high of 0.002222 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout; a low-volume breakout can easily turn into a bull trap
What confirmation are you waiting for before making a move?
After the breakout, two key things to watch:
· Whether the previous high of 0.002222 turns from resistance into support (holds on a retest)
· Whether trading volume increases during the breakout; a low-volume breakout can easily turn into a bull trap
What confirmation are you waiting for before making a move?