$APR breaks through the 0.035 level!
Don't rush—first, understand what a round-number level means.
It has been much longer since the price last reached this level, and the positioning structure around it has often changed considerably. The balance of bullish and bearish forces from back then may no longer hold.
When a price returns to a level after a long time, people who bought around that level before may break even and exit or add to their positions, so trading activity often picks up.
Comparing several data points is more reliable than looking at just one, but even more indicators can't provide a definitive answer.
#APR
Don't rush—first, understand what a round-number level means.
It has been much longer since the price last reached this level, and the positioning structure around it has often changed considerably. The balance of bullish and bearish forces from back then may no longer hold.
When a price returns to a level after a long time, people who bought around that level before may break even and exit or add to their positions, so trading activity often picks up.
Comparing several data points is more reliable than looking at just one, but even more indicators can't provide a definitive answer.
#APR