$ICNT lost the 0.18 level.
Guys, why do round-number levels matter? Here's the short version 👇
When it comes to round-number levels, the rounder the number, the more people tend to watch it. Major levels like whole thousands or hundred thousands attract more attention than ordinary round numbers.
The first rebound after a break is often seen as a test: if price gets pushed back down below the level, that lends more credence to the idea that support has turned into resistance.
Keep enough margin for leveraged positions, and don't let a single wick wipe you out.
Guys, why do round-number levels matter? Here's the short version 👇
When it comes to round-number levels, the rounder the number, the more people tend to watch it. Major levels like whole thousands or hundred thousands attract more attention than ordinary round numbers.
The first rebound after a break is often seen as a test: if price gets pushed back down below the level, that lends more credence to the idea that support has turned into resistance.
Keep enough margin for leveraged positions, and don't let a single wick wipe you out.