$PONS broke through the 0.35 mark.
A beginner’s heartfelt question: How should I understand support and resistance?
A common rule of thumb is that a resistance level that is decisively broken often becomes support later on, while a support level that is decisively broken often becomes resistance.
To prices, round-number levels are just numbers; to us, they’re psychological barriers.
Comparing several indicators is more reliable than looking at just one, but even more signals can’t provide a definitive answer.
#PONS
Be aware of the risks and make your own judgments.
A beginner’s heartfelt question: How should I understand support and resistance?
A common rule of thumb is that a resistance level that is decisively broken often becomes support later on, while a support level that is decisively broken often becomes resistance.
To prices, round-number levels are just numbers; to us, they’re psychological barriers.
Comparing several indicators is more reliable than looking at just one, but even more signals can’t provide a definitive answer.
#PONS
Be aware of the risks and make your own judgments.