$ENA falls 0.2 at the level, current price 0.1995。
There’s nothing magical about the whole-number level itself, but limit orders, stop losses, and traders’ expectations tend to cluster around here, so long/short competition is usually fierce.
The key is whether the rebound can regain 0.2. If it can’t, then support turns into resistance.
#ENA
Views are for discussion only; manage your own gains and losses, and participate rationally.
There’s nothing magical about the whole-number level itself, but limit orders, stop losses, and traders’ expectations tend to cluster around here, so long/short competition is usually fierce.
The key is whether the rebound can regain 0.2. If it can’t, then support turns into resistance.
#ENA
Views are for discussion only; manage your own gains and losses, and participate rationally.