Market Notes｜$TIA ｜Breaking Through the 0.5 Threshold
First, the definition: around a threshold, there are usually many stop-loss orders stacked up. If the price moves past the threshold, these stop-losses are triggered together, and volatility often suddenly increases.
Common interpretation: the first rebound after a break is often seen as a test: if it is pushed back down near the threshold, the logic of support turning into resistance is more credible.
Several indicators confirming each other is more reliable than looking at just one, but more signals still cannot give a definitive conclusion.
#TIA
For reference only, risk borne by yourself.
First, the definition: around a threshold, there are usually many stop-loss orders stacked up. If the price moves past the threshold, these stop-losses are triggered together, and volatility often suddenly increases.
Common interpretation: the first rebound after a break is often seen as a test: if it is pushed back down near the threshold, the logic of support turning into resistance is more credible.
Several indicators confirming each other is more reliable than looking at just one, but more signals still cannot give a definitive conclusion.
#TIA
For reference only, risk borne by yourself.