🐋 $ZEREBRO broke below the 0.04 level.
A lot of stop-loss orders tend to cluster around whole-number levels, so let’s first talk about why key price levels matter.
Support is a price zone where declines have repeatedly stalled in the past. Resistance (also called a resistance level) is an area that prices have repeatedly failed to rise above.
All indicators describe past price movements, and prices can absolutely move in the opposite direction.
A lot of stop-loss orders tend to cluster around whole-number levels, so let’s first talk about why key price levels matter.
Support is a price zone where declines have repeatedly stalled in the past. Resistance (also called a resistance level) is an area that prices have repeatedly failed to rise above.
All indicators describe past price movements, and prices can absolutely move in the opposite direction.