Just saw: $ESPORTS fell below the 0.011 level.
People often ask how to interpret key price levels, so here’s my take.
Support and resistance are more like price zones than precise points with a specific decimal value. It’s perfectly normal for prices to fluctuate back and forth around them.
It’s very common for prices to break through a level and then fall back, so many people prefer to wait for the candle to close and hold above it rather than chase the price the moment it breaks through.
Understanding an indicator is about not being spooked by a single number—not about using it to predict price movements with certainty.
#ESPORTS
People often ask how to interpret key price levels, so here’s my take.
Support and resistance are more like price zones than precise points with a specific decimal value. It’s perfectly normal for prices to fluctuate back and forth around them.
It’s very common for prices to break through a level and then fall back, so many people prefer to wait for the candle to close and hold above it rather than chase the price the moment it breaks through.
Understanding an indicator is about not being spooked by a single number—not about using it to predict price movements with certainty.
#ESPORTS
