🐋 $LUMIA has fallen below the 0.115 level.
A lot of orders are usually placed around key levels, so let’s first talk about why they matter.
Support is an area where the price has repeatedly stopped falling, while resistance is an area where it has repeatedly failed to rise.
Round-number levels mean different things for different coins: major coins attract more attention at key round numbers, while round numbers usually matter much less for smaller coins.
Before using leverage, first consider whether you can handle the worst-case outcome, then look at what the signals are saying.
A lot of orders are usually placed around key levels, so let’s first talk about why they matter.
Support is an area where the price has repeatedly stopped falling, while resistance is an area where it has repeatedly failed to rise.
Round-number levels mean different things for different coins: major coins attract more attention at key round numbers, while round numbers usually matter much less for smaller coins.
Before using leverage, first consider whether you can handle the worst-case outcome, then look at what the signals are saying.