Put simply: $CT has broken through the 0.4 level.
A round-number level is just a number to the price, but to us, it’s a big deal.
For a quick explainer, common ways to judge whether a break below a level is valid include: closing on the other side of the level, failing to reclaim it on a retest, and seeing volume pick up as the price breaks through.
If you’re using leverage, keep extra margin in your account so a single sharp wick doesn’t wipe out your position.
A round-number level is just a number to the price, but to us, it’s a big deal.
For a quick explainer, common ways to judge whether a break below a level is valid include: closing on the other side of the level, failing to reclaim it on a retest, and seeing volume pick up as the price breaks through.
If you’re using leverage, keep extra margin in your account so a single sharp wick doesn’t wipe out your position.