$RATS has fallen below the 0.000018 level, the first time it’s been here in 366 days.
Guys, why do round-number levels matter? Here’s the short version 👇
Even among round-number levels, the more significant the number, the more attention it tends to attract. For example, major levels like 10,000 or 100,000 tend to draw more attention than less notable round numbers.
It’s common for prices to break through a level and then fall back, so many people prefer to wait for the candle to close before treating it as a confirmed break, rather than chasing the move the moment it happens.
All data reflects market action that has already taken place, and prices could just as easily move in the opposite direction.
#RATS
Guys, why do round-number levels matter? Here’s the short version 👇
Even among round-number levels, the more significant the number, the more attention it tends to attract. For example, major levels like 10,000 or 100,000 tend to draw more attention than less notable round numbers.
It’s common for prices to break through a level and then fall back, so many people prefer to wait for the candle to close before treating it as a confirmed break, rather than chasing the move the moment it happens.
All data reflects market action that has already taken place, and prices could just as easily move in the opposite direction.
#RATS