$PEOPLE breaks above the 24-hour high: current price 0.00799, previous high 0.007916.
After the breakout, focus on two things:
· Whether the previous high of 0.007916 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume—a breakout on low volume often turns into a bull trap
What key level are you watching?
After the breakout, focus on two things:
· Whether the previous high of 0.007916 turns from resistance into support (holds on a retest)
· Whether the breakout is backed by volume—a breakout on low volume often turns into a bull trap
What key level are you watching?