🔍 Data at a glance: $ARIA ｜Breaking through the 0.13 level
· Definition: Support and resistance are more like price zones than prices precise to the decimal point. It’s normal for prices to test these zones repeatedly.
· How to read it: Prices often cross a level and then fall back, so many people prefer to wait for a candle to close and hold above it before taking it seriously, rather than following immediately when the level is crossed.
Any data only summarizes past market movements; the market could just as easily move in the opposite direction.
· Definition: Support and resistance are more like price zones than prices precise to the decimal point. It’s normal for prices to test these zones repeatedly.
· How to read it: Prices often cross a level and then fall back, so many people prefer to wait for a candle to close and hold above it before taking it seriously, rather than following immediately when the level is crossed.
Any data only summarizes past market movements; the market could just as easily move in the opposite direction.