🐋 $IOST fell below the 0.001 level.
A lot of stop-loss orders tend to cluster around key levels, so let’s first talk about why they matter.
Support is a price zone where prices have repeatedly found a floor while falling. Resistance (also called a resistance level) is a price zone where prices have repeatedly stalled while rising.
Round-number levels carry different weight for different coins: major round-number levels attract a lot of attention for large-cap coins, while round numbers usually mean much less for smaller coins.
It’s easy to learn how to read indicators; the hard part is sticking to your plan when the market is at its most extreme.
#IOST
A lot of stop-loss orders tend to cluster around key levels, so let’s first talk about why they matter.
Support is a price zone where prices have repeatedly found a floor while falling. Resistance (also called a resistance level) is a price zone where prices have repeatedly stalled while rising.
Round-number levels carry different weight for different coins: major round-number levels attract a lot of attention for large-cap coins, while round numbers usually mean much less for smaller coins.
It’s easy to learn how to read indicators; the hard part is sticking to your plan when the market is at its most extreme.
#IOST