$IRYS |Rose above the 0.039 level (current price: 0.03842, now back below that level)
How should support and resistance be understood? A support level is a price range where the price has repeatedly found support while falling. A resistance level is a price range where the price has repeatedly met resistance while rising.
A level itself does not determine whether prices rise or fall. It is simply where buyers and sellers tend to clash most fiercely; ultimately, the outcome depends on the flow of funds.
Unusual data often signals greater volatility. At times like this, it is better to reduce leverage rather than increase it.
How should support and resistance be understood? A support level is a price range where the price has repeatedly found support while falling. A resistance level is a price range where the price has repeatedly met resistance while rising.
A level itself does not determine whether prices rise or fall. It is simply where buyers and sellers tend to clash most fiercely; ultimately, the outcome depends on the flow of funds.
Unusual data often signals greater volatility. At times like this, it is better to reduce leverage rather than increase it.
