$INIT broke through the 0.2 level, and the current price is 0.2129.
Round-number levels have no special significance in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is often intense.
The key is whether the price can hold 0.2 on a retest. If it does, resistance turns into support.
#INIT
Round-number levels have no special significance in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is often intense.
The key is whether the price can hold 0.2 on a retest. If it does, resistance turns into support.
#INIT