$PEPE fell below the 0.0₅45 level, 13 days after last reaching it.
Let’s use this figure to break down psychological price levels.
The more frequently a price level is tested, the more weight traders tend to give it; however, some believe repeated tests can instead deplete the orders resting there.
Psychological price levels carry different weight for different coins: major levels in large-cap coins attract more attention, while round-number levels in small-cap coins often matter much less.
Don’t change your plan based solely on a particular number, and never use borrowed money to test a hunch.
Let’s use this figure to break down psychological price levels.
The more frequently a price level is tested, the more weight traders tend to give it; however, some believe repeated tests can instead deplete the orders resting there.
Psychological price levels carry different weight for different coins: major levels in large-cap coins attract more attention, while round-number levels in small-cap coins often matter much less.
Don’t change your plan based solely on a particular number, and never use borrowed money to test a hunch.