$DOOD has moved above the 0.0029 level, the first time it has reached this point in 159 days.
There are often a lot of orders around round-number levels, so first understand how they can come into play.
To confirm whether a breakout is valid, common methods include: closing on the other side of the level, holding on a retest, and seeing volume pick up as the price breaks through.
Don’t place an order during the most volatile moment; wait for the price to stabilize before deciding.
#DOOD
There are often a lot of orders around round-number levels, so first understand how they can come into play.
To confirm whether a breakout is valid, common methods include: closing on the other side of the level, holding on a retest, and seeing volume pick up as the price breaks through.
Don’t place an order during the most volatile moment; wait for the price to stabilize before deciding.
#DOOD