$AERO has fallen below the 0.9 level.
Folks, how should we understand support and resistance? Here’s a quick explanation 👇
Support and resistance are zones, not one precise price. It’s normal for prices to test back and forth within these areas.
When the price returns to a level after several days, people who entered around that area earlier may get out at breakeven or add to their positions, so trading activity often picks up.
Don’t change your original plan based on just one indicator, and don’t gamble on a reading with borrowed money.
Folks, how should we understand support and resistance? Here’s a quick explanation 👇
Support and resistance are zones, not one precise price. It’s normal for prices to test back and forth within these areas.
When the price returns to a level after several days, people who entered around that area earlier may get out at breakeven or add to their positions, so trading activity often picks up.
Don’t change your original plan based on just one indicator, and don’t gamble on a reading with borrowed money.