🐋 $DOOD has fallen below the 0.0019 level.
A lot of orders often cluster around round-number levels, so first, understand how these levels can come into play.
Previous highs and lows are commonly used key price levels: the memory of price failing to rise or finding support there last time can often influence decisions when it returns to that level.
Indicators can be wrong, but risk management is essential: deciding in advance what to do if you're wrong matters more than guessing whether you're right.
A lot of orders often cluster around round-number levels, so first, understand how these levels can come into play.
Previous highs and lows are commonly used key price levels: the memory of price failing to rise or finding support there last time can often influence decisions when it returns to that level.
Indicators can be wrong, but risk management is essential: deciding in advance what to do if you're wrong matters more than guessing whether you're right.