🗂️ $NEAR broke below the 3.6 level.
【Term explained】How are key price levels determined?
Common criteria for confirming a valid breakout include: the closing price stays on the breakout side of the level, a pullback doesn’t cross back over it, and trading volume picks up during the break.
Indicators may be inaccurate, but risk management is essential: deciding in advance what to do if you’re wrong matters more than trying to guess right.
【Term explained】How are key price levels determined?
Common criteria for confirming a valid breakout include: the closing price stays on the breakout side of the level, a pullback doesn’t cross back over it, and trading volume picks up during the break.
Indicators may be inaccurate, but risk management is essential: deciding in advance what to do if you’re wrong matters more than trying to guess right.