🐋 $ARIA fell below the 0.2 level (current price: 0.2026, now back above it), returning to this level for the first time in 210 days.
There are often a lot of stop-loss orders around key levels, so let’s start by talking about why these price levels matter.
Support and resistance are more like zones than precisely defined price points, and prices often fluctuate back and forth within these areas.
Several data points that corroborate each other are more reliable than looking at just one, but even multiple signals can’t provide a definitive answer.