$JCT fell below the 0.0045 level, 4 days after it was last here.
Let's use this figure to unpack round-number levels.
Support and resistance are more like zones than precise prices; it’s normal for prices to seesaw within these areas.
It’s not uncommon for prices to break through a level and then retreat, so many people prefer to wait for the candle to close and hold above it before taking it seriously, rather than following the move the moment it breaks through.
All data only summarizes past price movements; the market could just as easily move in the opposite direction.
Let's use this figure to unpack round-number levels.
Support and resistance are more like zones than precise prices; it’s normal for prices to seesaw within these areas.
It’s not uncommon for prices to break through a level and then retreat, so many people prefer to wait for the candle to close and hold above it before taking it seriously, rather than following the move the moment it breaks through.
All data only summarizes past price movements; the market could just as easily move in the opposite direction.