$HYPE ｜The 80 level gives way
How should you understand support and resistance? Even among round-number levels, the higher the number, the more people tend to watch it. For example, major levels like 10,000 or 100,000 attract more attention than ordinary round numbers.
Round-number levels carry different weight for different coins: more people watch major round-number levels for major coins, while round numbers for small-cap coins often have much less significance.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule of thumb.
#HYPE
How should you understand support and resistance? Even among round-number levels, the higher the number, the more people tend to watch it. For example, major levels like 10,000 or 100,000 attract more attention than ordinary round numbers.
Round-number levels carry different weight for different coins: more people watch major round-number levels for major coins, while round numbers for small-cap coins often have much less significance.
The same data can mean very different things in different market conditions, so don’t blindly apply a single rule of thumb.
#HYPE