$UNI ｜Breaking through the 7 level
Before looking at positions, understand the key price levels.
Even among round-number levels, the rounder the number, the more people tend to watch it. For example, major thresholds like 10,000 or 100,000 tend to attract more attention than ordinary round numbers.
Many people use these thresholds as anchors for risk management: which side of a level to enter on and where to place a stop-loss are more practical considerations than predicting whether prices will rise or fall.
All data describes price movements that have already happened; prices could just as easily move in the opposite direction.
#UNI
Before looking at positions, understand the key price levels.
Even among round-number levels, the rounder the number, the more people tend to watch it. For example, major thresholds like 10,000 or 100,000 tend to attract more attention than ordinary round numbers.
Many people use these thresholds as anchors for risk management: which side of a level to enter on and where to place a stop-loss are more practical considerations than predicting whether prices will rise or fall.
All data describes price movements that have already happened; prices could just as easily move in the opposite direction.
#UNI