$ZEREBRO has fallen below the 0.025 level.
Folks, how should we understand support and resistance? Here’s the idea in a nutshell👇
A commonly observed pattern is that resistance levels that are decisively broken often turn into support, while support levels that are decisively broken often turn into resistance.
Many people use these levels as anchors for managing their positions: which side of a level to trade on and where to place a stop-loss are more practical considerations than trying to guess the direction.
The point of understanding this indicator is to avoid being spooked by a single number—not to use it to predict price movements precisely.
#ZEREBRO
Folks, how should we understand support and resistance? Here’s the idea in a nutshell👇
A commonly observed pattern is that resistance levels that are decisively broken often turn into support, while support levels that are decisively broken often turn into resistance.
Many people use these levels as anchors for managing their positions: which side of a level to trade on and where to place a stop-loss are more practical considerations than trying to guess the direction.
The point of understanding this indicator is to avoid being spooked by a single number—not to use it to predict price movements precisely.
#ZEREBRO