List of Flash News about support breakdown
Time | Details |
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2025-09-06 16:51 |
Meme Coins Testing Support: @AltcoinGordon Alert and 3 Trading Checks for Bounce or Breakdown
According to @AltcoinGordon, his meme coin positions are testing support, indicating prices are pressing into prior demand zones that traders use to define risk and potential reversal or continuation points (Source: Gordon @AltcoinGordon on X, Sep 6, 2025; Source: CMT Association, CMT Program Body of Knowledge). The post does not specify tickers, timeframes, or exact support prices, which limits precision for entries, stops, and targets and requires traders to reference their own charts for level definition (Source: Gordon @AltcoinGordon on X, Sep 6, 2025). For trading around a support test, key confirmations are: 1) bounce with rising volume for long validation, 2) decisive close below support with a failed retest for short setups, and 3) tight risk defined just beyond the level to control drawdowns (Source: CMT Association, CMT Program Body of Knowledge). |