$ONDO ｜The 0.35 level has been breached
Before looking at fund flows, first get clear on key price levels.
Support is an area where prices have repeatedly stopped falling; resistance is an area where rising prices have repeatedly been held back.
Many people use these levels as anchors for risk management: which side of a level to trade on and where to place a stop-loss are more practical considerations than trying to guess whether prices will rise or fall.
Calculating your position size based on where you place your stop-loss is far more reliable than just guessing.
#ONDO
Before looking at fund flows, first get clear on key price levels.
Support is an area where prices have repeatedly stopped falling; resistance is an area where rising prices have repeatedly been held back.
Many people use these levels as anchors for risk management: which side of a level to trade on and where to place a stop-loss are more practical considerations than trying to guess whether prices will rise or fall.
Calculating your position size based on where you place your stop-loss is far more reliable than just guessing.
#ONDO