$MUB ｜Breaking below the 800 level
Before looking at your position, first understand round-number levels.
There are often many stop-loss orders clustered around these levels. If the price moves past one, those stops may be triggered all at once, causing volatility to suddenly spike.
A level itself does not determine whether prices rise or fall. It is more a point where the bulls and bears clash intensely; the ultimate direction still depends on the flow of funds.
Don’t let a single indicator disrupt your original strategy, and don’t use borrowed money to test a hunch.
Before looking at your position, first understand round-number levels.
There are often many stop-loss orders clustered around these levels. If the price moves past one, those stops may be triggered all at once, causing volatility to suddenly spike.
A level itself does not determine whether prices rise or fall. It is more a point where the bulls and bears clash intensely; the ultimate direction still depends on the flow of funds.
Don’t let a single indicator disrupt your original strategy, and don’t use borrowed money to test a hunch.