Web3Pioneer
Understanding Key Trading Levels
When you're analyzing price action, two metrics matter most: PDH and PDL.
PDH stands for Previous Day High—essentially the peak price reached during the prior trading session. PDL, on the other hand, is the Previous Day Low—the floor price hit that same day.
Why obsess over these numbers? Because traders everywhere treat them as critical reference points. These previous highs and lows act like invisible support and resistance zones in the market. Once price approaches these levels, liquidity often clusters nearby. Breakouts tend to accelerate around these zone
When you're analyzing price action, two metrics matter most: PDH and PDL.
PDH stands for Previous Day High—essentially the peak price reached during the prior trading session. PDL, on the other hand, is the Previous Day Low—the floor price hit that same day.
Why obsess over these numbers? Because traders everywhere treat them as critical reference points. These previous highs and lows act like invisible support and resistance zones in the market. Once price approaches these levels, liquidity often clusters nearby. Breakouts tend to accelerate around these zone