$NEAR breaks through the 4.5 level.
A question every beginner asks: Where do key price levels come from?
A support level is an area where the price has repeatedly found a floor on the way down. A resistance level is an area where it has repeatedly struggled to rise above.
To the price, a key level is just a number; to us, it’s a psychological line of defense.
Indicators can fail, but stop-losses shouldn’t be overlooked: planning how to respond if you’re wrong matters more than whether your prediction is right.
A question every beginner asks: Where do key price levels come from?
A support level is an area where the price has repeatedly found a floor on the way down. A resistance level is an area where it has repeatedly struggled to rise above.
To the price, a key level is just a number; to us, it’s a psychological line of defense.
Indicators can fail, but stop-losses shouldn’t be overlooked: planning how to respond if you’re wrong matters more than whether your prediction is right.