$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.