🔍 $EDGE fell below the 0.4 level.
【A quick tip】Why do round-number levels matter?
Support and resistance are actually price zones, not a single precise price. It’s perfectly normal for prices to test these zones repeatedly.
The levels themselves don’t determine whether prices rise or fall. They’re simply where the battle between buyers and sellers is most concentrated; ultimately, the direction is determined by the money flow.
Calculating your position size based on where you place your stop-loss is much more reliable than choosing one by feel.
#EDGE
These views are for discussion only. Trade at your own risk.
【A quick tip】Why do round-number levels matter?
Support and resistance are actually price zones, not a single precise price. It’s perfectly normal for prices to test these zones repeatedly.
The levels themselves don’t determine whether prices rise or fall. They’re simply where the battle between buyers and sellers is most concentrated; ultimately, the direction is determined by the money flow.
Calculating your position size based on where you place your stop-loss is much more reliable than choosing one by feel.
#EDGE
These views are for discussion only. Trade at your own risk.