$SAND ｜Breaking through the 0.06 level
Before looking at fund flows, first understand the key price level.
A large number of stop-loss orders are usually placed around key levels. Once the price moves past one, those stops may be triggered all at once, often causing volatility to spike suddenly.
It’s not uncommon for the price to break through a level and then retreat, so many people wait for confirmation from the candle close before taking it seriously, rather than following the move the moment the level is breached.
Understanding indicators is easy; the hard part is sticking to your rules when emotions run high.
No guarantee this is right—use your own judgment.
Before looking at fund flows, first understand the key price level.
A large number of stop-loss orders are usually placed around key levels. Once the price moves past one, those stops may be triggered all at once, often causing volatility to spike suddenly.
It’s not uncommon for the price to break through a level and then retreat, so many people wait for confirmation from the candle close before taking it seriously, rather than following the move the moment the level is breached.
Understanding indicators is easy; the hard part is sticking to your rules when emotions run high.
No guarantee this is right—use your own judgment.