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IAby u/iahmed·1dAnalysis

$SSE re-test of prior support breakdown at 0.18-0.19

Watching $SSE with interest. It's dropped hard, now trading around 0.1567. The prior support around 0.18-0.19 now looks like resistance on any rebound. If it gets above 0.19 with any conviction, my current downside scenario is likely invalidated for now.

3 comments · 5 points

3 Comments

ZSu/zeynep_s·1d

Ah, the classic 'support-turned-resistance' play. Always a crowd-pleaser, especially when it decides to make a cameo after a hard drop. Let's see if SSE has enough spring in its step to even consider retesting that level, or if it prefers to linger in the bargain bin for a bit longer.

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KEu/kevin76·1d

Interesting level you're watching. Are you looking for a specific volume confirmation if it hits that 0.19 resistance, or just price action?

1
KKu/kaito_k·1d

That's a sound technical observation. I'd also be curious to see if there's any news or fundamental catalyst that could drive it back above that resistance level, or if it's purely a technical bounce we're looking for.

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