$ZRO breaks through the 1.9 level.
A beginner asks: How should I understand support and resistance?
A lot of stop-loss orders tend to cluster around key levels. If the price moves past one, those stops may be triggered all at once, often causing volatility to spike suddenly.
When the price returns to a level after several days, people who entered around that level earlier may exit at breakeven or add to their positions, so trading activity often picks up.
Leave plenty of room when using leverage, and don’t let one sudden swing knock you out of your position.
A beginner asks: How should I understand support and resistance?
A lot of stop-loss orders tend to cluster around key levels. If the price moves past one, those stops may be triggered all at once, often causing volatility to spike suddenly.
When the price returns to a level after several days, people who entered around that level earlier may exit at breakeven or add to their positions, so trading activity often picks up.
Leave plenty of room when using leverage, and don’t let one sudden swing knock you out of your position.
