$AKE has fallen below the 0.012 level, with the current price at 0.01166.
Round-number levels have no magic of their own, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is often intense.
The key is whether the rebound can reclaim 0.012. If it can’t, the level will turn from support into resistance.
Round-number levels have no magic of their own, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battle between bulls and bears is often intense.
The key is whether the rebound can reclaim 0.012. If it can’t, the level will turn from support into resistance.