$PUMP breaks above the 0.0045 level.
Let’s break this number down.
Common ways to judge whether a breakout is valid include: the price closes beyond the level, a retest holds, and trading volume picks up during the breakout.
Round-number levels carry different weight for different coins: many people watch major round-number levels for large-cap coins, while round numbers are usually much less useful as reference points for small-cap coins.
Understanding this indicator helps you avoid being intimidated by numbers, not predict exact tops and bottoms.
Let’s break this number down.
Common ways to judge whether a breakout is valid include: the price closes beyond the level, a retest holds, and trading volume picks up during the breakout.
Round-number levels carry different weight for different coins: many people watch major round-number levels for large-cap coins, while round numbers are usually much less useful as reference points for small-cap coins.
Understanding this indicator helps you avoid being intimidated by numbers, not predict exact tops and bottoms.