$CAP fell below the 0.1 level.
There are often plenty of orders clustered near key levels, so first, let's understand why they matter.
Previous highs and lows are common key price levels: the fact that prices struggled to rise or fall past those points before can influence decisions when they return to them.
Volatility often increases near key levels. Leveraged traders should leave more room here, as stop-losses placed too close to round numbers can easily get triggered.
Understanding an indicator is about being less startled by a single number, not using it to predict whether prices will rise or fall.
#CAP
There are often plenty of orders clustered near key levels, so first, let's understand why they matter.
Previous highs and lows are common key price levels: the fact that prices struggled to rise or fall past those points before can influence decisions when they return to them.
Volatility often increases near key levels. Leveraged traders should leave more room here, as stop-losses placed too close to round numbers can easily get triggered.
Understanding an indicator is about being less startled by a single number, not using it to predict whether prices will rise or fall.
#CAP