epiphany,
You mentioned the 1.21 level.
I'll throw another couple of important price levels in the ring and then show how they indicate important support.
6.25 top
3.25 lower top
1.21
0.16???
Square root levels[Sq 9]
625 = 25
325 = 18[3.24]
121 = 11
16 = 4
25, 18, 11, 4 are a sequence separated by 7
16c????