$CAP broke below the 0.1 level, with the current price at 0.09992.
Round-number levels aren't magical in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so battles between bulls and bears are often intense.
The key is whether the rebound can reclaim 0.1. If it can't, the level will turn from support into resistance. Do you think this is the beginning or the end?
Round-number levels aren't magical in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so battles between bulls and bears are often intense.
The key is whether the rebound can reclaim 0.1. If it can't, the level will turn from support into resistance. Do you think this is the beginning or the end?