Technical note｜$BLUR ｜Broke below the 0.012 level (current price: 0.01287, now back above it)
First, a definition: A support level is a price range where the price has repeatedly stopped falling. A resistance level is an area where the price has repeatedly failed to rise further.
A common interpretation: Round-number levels matter differently for different coins. More people pay attention to major round-number levels for leading coins, while round numbers usually matter much less for smaller coins.
With leveraged positions, first work out whether you can withstand the worst-case outcome, then consider what the signal is telling you.
First, a definition: A support level is a price range where the price has repeatedly stopped falling. A resistance level is an area where the price has repeatedly failed to rise further.
A common interpretation: Round-number levels matter differently for different coins. More people pay attention to major round-number levels for leading coins, while round numbers usually matter much less for smaller coins.
With leveraged positions, first work out whether you can withstand the worst-case outcome, then consider what the signal is telling you.