$OP ｜Breaking above the 0.14 level
How are key price levels determined? Support and resistance are more like price zones than prices precise to a decimal point, and back-and-forth movement around them is normal.
The first rebound after a breakdown is often seen as a test: if the price is rejected below the level, the idea that support has turned into resistance becomes more convincing.
With leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
#OP
How are key price levels determined? Support and resistance are more like price zones than prices precise to a decimal point, and back-and-forth movement around them is normal.
The first rebound after a breakdown is often seen as a test: if the price is rejected below the level, the idea that support has turned into resistance becomes more convincing.
With leveraged positions, first work out whether you can withstand the worst-case scenario, then consider what the signals are saying.
#OP