Guys, we’ve got action: $MINA has broken through the 0.08 level.
A round-number level is just a number in the eyes of the market, but people make a big deal of it.
Seriously, round-number levels get so much attention mainly because traders tend to place orders and take-profit targets around them. Orders often cluster in those areas, which is why they’re also called psychological levels.
Don’t let a single indicator throw off your original plan, and definitely don’t gamble with borrowed money on a hunch.
#MINA
Just my personal take—it may not be accurate, so take it with caution.
A round-number level is just a number in the eyes of the market, but people make a big deal of it.
Seriously, round-number levels get so much attention mainly because traders tend to place orders and take-profit targets around them. Orders often cluster in those areas, which is why they’re also called psychological levels.
Don’t let a single indicator throw off your original plan, and definitely don’t gamble with borrowed money on a hunch.
#MINA
Just my personal take—it may not be accurate, so take it with caution.