๐ $KAT broke through the 0.0045 level.
Round-number levels often attract a lot of orders, so first let's understand why key price levels can matter.
A support level is a price zone where declines have repeatedly been halted in the past. A resistance level is a price zone that prices have repeatedly struggled to rise above.
Itโs more reliable to look for confirmation from several indicators than to rely on just one, but even more indicators canโt provide a definite answer.
Round-number levels often attract a lot of orders, so first let's understand why key price levels can matter.
A support level is a price zone where declines have repeatedly been halted in the past. A resistance level is a price zone that prices have repeatedly struggled to rise above.
Itโs more reliable to look for confirmation from several indicators than to rely on just one, but even more indicators canโt provide a definite answer.