$AVA ｜Breaking through the 0.4 level
Before looking at your position, first understand round-number levels.
A support level is a price range where prices have repeatedly stopped falling, while a resistance level is a price range where prices have repeatedly struggled to rise.
The level itself doesn’t determine the direction. It’s more where buyers and sellers clash most intensely; ultimately, trading volume will tell the story.
With leveraged positions, first consider whether you can withstand the worst-case scenario, then think about what the signals are saying.
I’m just rambling—don’t take this as advice.
Before looking at your position, first understand round-number levels.
A support level is a price range where prices have repeatedly stopped falling, while a resistance level is a price range where prices have repeatedly struggled to rise.
The level itself doesn’t determine the direction. It’s more where buyers and sellers clash most intensely; ultimately, trading volume will tell the story.
With leveraged positions, first consider whether you can withstand the worst-case scenario, then think about what the signals are saying.
I’m just rambling—don’t take this as advice.