$NEAR fell below the 3.3 level.
Folks, why do round-number levels matter? Here’s a quick explanation 👇
The bigger the round number, the more attention it tends to attract. Major levels like 10,000 or 100,000 usually get more attention than ordinary round numbers.
The first pullback after breaking above a level is often seen as a test: if the price can hold above it, the idea that resistance has turned into support carries more weight.
Don’t chase a trade during the sharpest move. Wait for the price action to play out, then take a look.
Folks, why do round-number levels matter? Here’s a quick explanation 👇
The bigger the round number, the more attention it tends to attract. Major levels like 10,000 or 100,000 usually get more attention than ordinary round numbers.
The first pullback after breaking above a level is often seen as a test: if the price can hold above it, the idea that resistance has turned into support carries more weight.
Don’t chase a trade during the sharpest move. Wait for the price action to play out, then take a look.