đ How Does EMA Work?
The Exponential Moving Average (EMA) is a moving average that gives more weight to recent prices, making it react faster to market changes compared to the Simple Moving Average (SMA).
đš Why traders use it:
Shows trend direction â rising EMA = uptrend, falling EMA = downtrend.
Helps spot entry & exit points â EMA crossovers often signal buys or sells.
Acts as dynamic support or resistance during price moves.
In short, EMA is a handy tool to catch trends early and improve trading decisions. đ