$AKE has broken through the 0.0025 level and is currently priced at 0.002577.
Round-number levels aren't magical in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so bulls and bears often battle back and forth.
The key is whether it can hold 0.0025 on a pullback. If it does, resistance will turn into support.
Round-number levels aren't magical in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so bulls and bears often battle back and forth.
The key is whether it can hold 0.0025 on a pullback. If it does, resistance will turn into support.