$US ｜Fell below the 0.025 level
How should support and resistance be understood? A common rule of thumb is that resistance that is decisively broken often turns into support, while support that is decisively breached often turns into resistance.
The first pullback after a breakout is often seen as a test: the idea that resistance has turned into support is more convincing if the price can hold above that level.
Leave yourself plenty of room when using leverage; don’t let one sharp move wipe out your position.
Volatility is high, so use leverage at your own discretion.
How should support and resistance be understood? A common rule of thumb is that resistance that is decisively broken often turns into support, while support that is decisively breached often turns into resistance.
The first pullback after a breakout is often seen as a test: the idea that resistance has turned into support is more convincing if the price can hold above that level.
Leave yourself plenty of room when using leverage; don’t let one sharp move wipe out your position.
Volatility is high, so use leverage at your own discretion.