$ZRO fell below the 1.8 level.
A beginner’s honest question: Why do round-number levels matter?
Support and resistance are more like zones than precise decimal-point levels, so it’s perfectly normal for prices to test this area back and forth.
To candlestick charts, a round-number level is just a number; to people, it’s a psychological line of defense.
Don’t change your plan just because of a particular number, and never gamble borrowed money on a hunch.
A beginner’s honest question: Why do round-number levels matter?
Support and resistance are more like zones than precise decimal-point levels, so it’s perfectly normal for prices to test this area back and forth.
To candlestick charts, a round-number level is just a number; to people, it’s a psychological line of defense.
Don’t change your plan just because of a particular number, and never gamble borrowed money on a hunch.