$ONE ｜Lost the 0.0018 level
Before looking at fund flows, first understand round-number levels.
A commonly observed pattern is that a resistance level that has been decisively broken often becomes support, while a support level that has been decisively breached often turns into resistance.
The first rebound after a breakdown is often seen as a litmus test: if price is turned back below the level, that strengthens the case that support has become resistance.
Leave plenty of room in your futures positions, and don't let one sharp swing knock you out of a trade.
Before looking at fund flows, first understand round-number levels.
A commonly observed pattern is that a resistance level that has been decisively broken often becomes support, while a support level that has been decisively breached often turns into resistance.
The first rebound after a breakdown is often seen as a litmus test: if price is turned back below the level, that strengthens the case that support has become resistance.
Leave plenty of room in your futures positions, and don't let one sharp swing knock you out of a trade.