$MAGIC breaks below the 0.11 level.
Folks, why do round-number levels matter? Here’s the short version:
There are often plenty of stop-loss orders clustered around these levels. If the price breaks through, those stops are triggered all at once, and volatility can suddenly spike.
Round-number levels matter differently for different coins: more people watch major levels for top coins, while round numbers tend to be much less significant for small-cap coins.
Don’t let a single indicator throw off your original plan, and never use borrowed money to test a hunch.
Just my personal opinion, not investment advice.
Folks, why do round-number levels matter? Here’s the short version:
There are often plenty of stop-loss orders clustered around these levels. If the price breaks through, those stops are triggered all at once, and volatility can suddenly spike.
Round-number levels matter differently for different coins: more people watch major levels for top coins, while round numbers tend to be much less significant for small-cap coins.
Don’t let a single indicator throw off your original plan, and never use borrowed money to test a hunch.
Just my personal opinion, not investment advice.