The horizontal resistance represents a psychological barrier that can result in obtaining pressure when broken. Traders search for affirmation having a drop down below the neckline, which reinforces the reversal signal. This pattern normally forms immediately after an uptrend, making it a essential indicator for working day traders to https://financefeeds.com/3-meme-coins-under-0-10-that-could-overtake-shiba-inu-shib-in-rankings-this-cycle/