$Lobster fell below the 0.045 level.
When I first got into the scene, I didn’t understand why everyone watched round-number levels so closely. Later, I realized the levels themselves aren’t magic—it’s because everyone watches them and places orders around them, so price tends to be more volatile when it reaches those areas.
Indicators can fail, but stop-losses shouldn’t be overlooked: deciding in advance what to do if you’re wrong matters more than getting the prediction right.
Just sharing my thoughts; this is not investment advice.
When I first got into the scene, I didn’t understand why everyone watched round-number levels so closely. Later, I realized the levels themselves aren’t magic—it’s because everyone watches them and places orders around them, so price tends to be more volatile when it reaches those areas.
Indicators can fail, but stop-losses shouldn’t be overlooked: deciding in advance what to do if you’re wrong matters more than getting the prediction right.
Just sharing my thoughts; this is not investment advice.