🐋 $STRK broke through the 0.07 level.
There are usually plenty of orders around round-number levels. First, let’s talk about why these levels can matter.
The longer it’s been since the price last reached this level, the more the distribution of positions around it may have changed. The balance between bulls and bears back then may no longer apply.
If you’re using leverage, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.
#STRK
Volatility is high, so size your position according to what you can afford.
There are usually plenty of orders around round-number levels. First, let’s talk about why these levels can matter.
The longer it’s been since the price last reached this level, the more the distribution of positions around it may have changed. The balance between bulls and bears back then may no longer apply.
If you’re using leverage, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.
#STRK
Volatility is high, so size your position according to what you can afford.