$STX broke through the 0.35 level and is currently at 0.3516.
The round-number level itself has no special significance, but buy and sell orders, stop-losses, and psychological expectations tend to cluster around it, so the tug-of-war between bulls and bears is often intense.
The key is whether it can hold 0.35 on a pullback. If it does, resistance will turn into support.
The round-number level itself has no special significance, but buy and sell orders, stop-losses, and psychological expectations tend to cluster around it, so the tug-of-war between bulls and bears is often intense.
The key is whether it can hold 0.35 on a pullback. If it does, resistance will turn into support.
