$GRIFFAIN has fallen below the 0.016 level, with the current price at 0.01589.
Round-number levels aren't magical in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is often a back-and-forth one.
The key question is whether a rebound can reclaim 0.016. If it can't, support turns into resistance. What do you make of these figures?
#GRIFFAIN
This is a highly volatile market, so please manage your risk.
Round-number levels aren't magical in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is often a back-and-forth one.
The key question is whether a rebound can reclaim 0.016. If it can't, support turns into resistance. What do you make of these figures?
#GRIFFAIN
This is a highly volatile market, so please manage your risk.