$ZEREBRO has fallen below the 0.045 level.
Where does this figure come from?
Support and resistance are more like zones than precise decimal-point levels, and itโs normal for prices to repeatedly test these areas.
Many people use these levels as a reference for risk management: which side of the level to hold a position on and where to set a stop-loss are more useful considerations than guessing whether prices will rise or fall.
With leveraged positions, first consider whether you can withstand the worst-case outcome, then think about what the indicators are saying.
Where does this figure come from?
Support and resistance are more like zones than precise decimal-point levels, and itโs normal for prices to repeatedly test these areas.
Many people use these levels as a reference for risk management: which side of the level to hold a position on and where to set a stop-loss are more useful considerations than guessing whether prices will rise or fall.
With leveraged positions, first consider whether you can withstand the worst-case outcome, then think about what the indicators are saying.