$AGT ｜Breaking through the 0.04 level
How should you understand support and resistance? A large number of stop-loss orders are often placed around key levels. Once the price crosses one, those stop-loss orders may be triggered all at once, causing volatility to suddenly surge.
A key level itself does not determine whether prices rise or fall. It is more like an area where the bulls and bears clash intensely; the outcome still depends on where the money flows.
Extreme data usually signals more violent volatility. At times like these, it’s better to reduce your position rather than make a large bet.
How should you understand support and resistance? A large number of stop-loss orders are often placed around key levels. Once the price crosses one, those stop-loss orders may be triggered all at once, causing volatility to suddenly surge.
A key level itself does not determine whether prices rise or fall. It is more like an area where the bulls and bears clash intensely; the outcome still depends on where the money flows.
Extreme data usually signals more violent volatility. At times like these, it’s better to reduce your position rather than make a large bet.