Technical Notes｜$IDOL ｜Fell below the 0.03 level
Definition: Even among round-number levels, the rounder the number, the more people tend to watch it. Major levels like whole ten-thousands or hundred-thousands attract more attention than ordinary round numbers.
How to read it: The level itself does not determine whether prices rise or fall. It is more like the point where buyers and sellers clash most intensely; ultimately, trading activity will determine the direction.
Extreme readings often mean greater volatility. At such times, it is better to reduce your position rather than add to it.
#IDOL
Just casual discussion—not advice of any kind.
Definition: Even among round-number levels, the rounder the number, the more people tend to watch it. Major levels like whole ten-thousands or hundred-thousands attract more attention than ordinary round numbers.
How to read it: The level itself does not determine whether prices rise or fall. It is more like the point where buyers and sellers clash most intensely; ultimately, trading activity will determine the direction.
Extreme readings often mean greater volatility. At such times, it is better to reduce your position rather than add to it.
#IDOL
Just casual discussion—not advice of any kind.
