$STRK has fallen below the 0.115 level.
Guys, how are key price levels determined? Here’s the short version.
The more frequently a price level is tested, the more significant it tends to become in traders’ eyes. However, some argue that repeated tests may instead weaken the buying support there.
Round-number levels mean different things for different coins: major round-number levels in large-cap coins attract more attention, while round numbers in small-cap coins tend to be much less useful as reference points.
Cross-checking multiple data points is more reliable than looking at just one, but even a host of indicators can’t provide a definitive answer.
#STRK
Guys, how are key price levels determined? Here’s the short version.
The more frequently a price level is tested, the more significant it tends to become in traders’ eyes. However, some argue that repeated tests may instead weaken the buying support there.
Round-number levels mean different things for different coins: major round-number levels in large-cap coins attract more attention, while round numbers in small-cap coins tend to be much less useful as reference points.
Cross-checking multiple data points is more reliable than looking at just one, but even a host of indicators can’t provide a definitive answer.
#STRK