$AKE fell below the 0.005 level, with the current price at 0.005031.
The round-number level itself has no special significance, but limit orders, stop-losses, and psychological expectations tend to cluster around it, so the bulls and bears usually battle fiercely there.
It has now been pushed back above 0.005, which could be a bear trap. How do you interpret these figures?
The round-number level itself has no special significance, but limit orders, stop-losses, and psychological expectations tend to cluster around it, so the bulls and bears usually battle fiercely there.
It has now been pushed back above 0.005, which could be a bear trap. How do you interpret these figures?
