$CT broke through the 0.4 level, and is now at 0.4044.
The round-number level itself doesn't have any special significance, but limit orders, stop-losses, and psychological expectations tend to cluster around it, so the battle between buyers and sellers is often intense.
The key is whether it can hold 0.4 on a pullback. If it does, resistance will turn into support.
#CT
You have to bear the risk yourself; I'm just chatting.
The round-number level itself doesn't have any special significance, but limit orders, stop-losses, and psychological expectations tend to cluster around it, so the battle between buyers and sellers is often intense.
The key is whether it can hold 0.4 on a pullback. If it does, resistance will turn into support.
#CT
You have to bear the risk yourself; I'm just chatting.