$GRASS has fallen below the 0.8 level.
Let's use this number to talk about round-number levels.
A support level is an area where the price has stopped falling multiple times in the past. A resistance level is an area where the price has repeatedly struggled to rise.
When the price returns to a level after a long time, people who bought around that level may break even and exit, or add to their positions, so trading often becomes more active.
With leveraged positions, first consider whether you can withstand the worst-case scenario, then think about what the indicators say.
#GRASS
Let's use this number to talk about round-number levels.
A support level is an area where the price has stopped falling multiple times in the past. A resistance level is an area where the price has repeatedly struggled to rise.
When the price returns to a level after a long time, people who bought around that level may break even and exit, or add to their positions, so trading often becomes more active.
With leveraged positions, first consider whether you can withstand the worst-case scenario, then think about what the indicators say.
#GRASS