Key level alert: $W 24h is up 11.2%, currently at 0.01424.
Round numbers and previous highs and lows are psychological levels for the market. At 0.01424, the area above is where momentum buyers have their cost basis, while the area below is where dip buyers are likely to defend. Whether the price breaks through this level will determine whether the trend continues or reverses.
At this level, which side are you leaning toward? #W
For discussion purposes only; this is not investment advice.
Round numbers and previous highs and lows are psychological levels for the market. At 0.01424, the area above is where momentum buyers have their cost basis, while the area below is where dip buyers are likely to defend. Whether the price breaks through this level will determine whether the trend continues or reverses.
At this level, which side are you leaning toward? #W
For discussion purposes only; this is not investment advice.