🔍 Data: $APR |Fell below the 0.05 level
· Definition: The longer it’s been since the price last reached this level, the more the distribution of positions in this area may have changed. The balance of bullish and bearish forces at the time may no longer hold.
· Common interpretation: Volatility often increases near key levels. Traders using leverage should leave more room here; stop-losses placed too close to round numbers can easily get triggered.
Understanding indicators is easy. The hard part is sticking to the rules when the market gets heated.