A quick update: $CAP has fallen below the 0.09 mark.
A price level is just a number to the market, but to people, it can be a psychological line of defense.
On a more serious note, support and resistance are better thought of as zones rather than precise decimal-point levels, so it’s perfectly normal for prices to fluctuate back and forth nearby.
Learning to read indicators is easy; the hard part is still following the rules when emotions run high.
Be aware of the risks and make your own decisions.
A price level is just a number to the market, but to people, it can be a psychological line of defense.
On a more serious note, support and resistance are better thought of as zones rather than precise decimal-point levels, so it’s perfectly normal for prices to fluctuate back and forth nearby.
Learning to read indicators is easy; the hard part is still following the rules when emotions run high.
Be aware of the risks and make your own decisions.
