$AAVE failed to hold the 160 level.
Let’s use this data to break down round-number levels.
Support and resistance are really zones, not prices precise to the last digit, so it’s perfectly normal for prices to fluctuate back and forth in these areas.
The levels themselves don’t determine the direction; they’re more like the points where the battle between bulls and bears is most intense. Ultimately, trading volume tells the story.
Knowing how to read indicators isn’t hard. The hard part is sticking to your plan when emotions are at their most extreme.
Let’s use this data to break down round-number levels.
Support and resistance are really zones, not prices precise to the last digit, so it’s perfectly normal for prices to fluctuate back and forth in these areas.
The levels themselves don’t determine the direction; they’re more like the points where the battle between bulls and bears is most intense. Ultimately, trading volume tells the story.
Knowing how to read indicators isn’t hard. The hard part is sticking to your plan when emotions are at their most extreme.