🐋 $S broke through the 0.06 level.
A lot of stop-loss orders tend to cluster around round numbers, so let's first talk about why these levels matter.
One pattern is that resistance levels that are decisively broken often become support later on; support levels that are decisively breached often become resistance.
Unusual data often means more volatile price swings, so it's even more important to reduce your position rather than add to it.
#S
A lot of stop-loss orders tend to cluster around round numbers, so let's first talk about why these levels matter.
One pattern is that resistance levels that are decisively broken often become support later on; support levels that are decisively breached often become resistance.
Unusual data often means more volatile price swings, so it's even more important to reduce your position rather than add to it.
#S