$PARTI fell below the 0.052 level.
Using this data as a starting point, let’s talk about round-number levels.
A support level is an area where the price has repeatedly found support as it fell. A resistance level is an area the price has repeatedly struggled to rise above.
Breaking through a level only shows that one side had the upper hand at that moment. Whether the move continues depends on the next levels ahead and whether trading volume can keep up.
Understanding this indicator can help you avoid being misled by a single number; it isn’t a way to predict whether prices will rise or fall.
#PARTI
Using this data as a starting point, let’s talk about round-number levels.
A support level is an area where the price has repeatedly found support as it fell. A resistance level is an area the price has repeatedly struggled to rise above.
Breaking through a level only shows that one side had the upper hand at that moment. Whether the move continues depends on the next levels ahead and whether trading volume can keep up.
Understanding this indicator can help you avoid being misled by a single number; it isn’t a way to predict whether prices will rise or fall.
#PARTI
