🐋 $AGT fell below the 0.04 level.
Large numbers of stop-loss orders tend to cluster around whole-number levels, so first understand why key price levels matter.
A commonly cited principle is that resistance levels that are decisively broken often turn into support, while support levels that are decisively breached often turn into resistance.
The first pullback after a breakout is often seen as a test: if the price stabilizes near the level, that strengthens the case for resistance having turned into support.
Reading indicators is easy; the hard part is sticking to your plan when the market gets really volatile.
Markets can change in an instant. Make your own decisions.
Large numbers of stop-loss orders tend to cluster around whole-number levels, so first understand why key price levels matter.
A commonly cited principle is that resistance levels that are decisively broken often turn into support, while support levels that are decisively breached often turn into resistance.
The first pullback after a breakout is often seen as a test: if the price stabilizes near the level, that strengthens the case for resistance having turned into support.
Reading indicators is easy; the hard part is sticking to your plan when the market gets really volatile.
Markets can change in an instant. Make your own decisions.