🗂️ $Q breaks above the 0.044 level.
【One-Minute Explainer】Where do key price levels come from?
The longer it's been since the price last reached this level, the more likely the distribution of positions around it has changed. The balance of bullish and bearish forces back then may no longer hold.
The first rebound after a break below is often seen as a test: if the price gets turned back near the level, that supports the idea that support has turned into resistance.
Keep enough margin for your contract positions—don't let a single wick force you out.
#Q
【One-Minute Explainer】Where do key price levels come from?
The longer it's been since the price last reached this level, the more likely the distribution of positions around it has changed. The balance of bullish and bearish forces back then may no longer hold.
The first rebound after a break below is often seen as a test: if the price gets turned back near the level, that supports the idea that support has turned into resistance.
Keep enough margin for your contract positions—don't let a single wick force you out.
#Q