đď¸ $NEAR has fallen below the 5 level.
ăA quick explainerăWhere do key price levels come from?
Common ways to judge whether a breakout is valid include: the close is on the other side of the level, a retest holds, and trading volume picks up during the breakout.
The first rebound after a breakdown is often seen as a test: if price is turned back near the level, that lends more support to the idea that support has turned into resistance.
Leave enough room in your futures positionsâdonât let one sudden swing knock you out of a trade.
#NEAR
ăA quick explainerăWhere do key price levels come from?
Common ways to judge whether a breakout is valid include: the close is on the other side of the level, a retest holds, and trading volume picks up during the breakout.
The first rebound after a breakdown is often seen as a test: if price is turned back near the level, that lends more support to the idea that support has turned into resistance.
Leave enough room in your futures positionsâdonât let one sudden swing knock you out of a trade.
#NEAR