A note: $OGN fell below the 0.037 level.
People often ask how to interpret key price levels, so here’s my take.
Support and resistance are more like price zones than precise decimal points. It’s normal for prices to test these zones repeatedly.
Volatility can increase near key levels. Leveraged traders should leave more room here; placing a stop-loss too close to a round number can easily get it triggered.
Leave enough margin for your contract positions—don’t let a single wick wipe them out.
#OGN
Just my personal perspective; I could be wrong, so take it with caution.
People often ask how to interpret key price levels, so here’s my take.
Support and resistance are more like price zones than precise decimal points. It’s normal for prices to test these zones repeatedly.
Volatility can increase near key levels. Leveraged traders should leave more room here; placing a stop-loss too close to a round number can easily get it triggered.
Leave enough margin for your contract positions—don’t let a single wick wipe them out.
#OGN
Just my personal perspective; I could be wrong, so take it with caution.