$Q has fallen below the 0.12 level (current price: 0.1222, now back above the level).
Let's use this data to break down the key price levels.
A large number of stop-loss orders tend to cluster around key levels. If the price crosses one, those stops can be triggered all at once, often causing volatility to spike.
It's common for the price to break through a level and then retreat, so many people wait for the close to confirm it has held above the level rather than jumping in the moment it breaks through.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then think about what the indicators are saying.
#Q
This is just my personal perspective and may not be accurate. Please use caution.
Let's use this data to break down the key price levels.
A large number of stop-loss orders tend to cluster around key levels. If the price crosses one, those stops can be triggered all at once, often causing volatility to spike.
It's common for the price to break through a level and then retreat, so many people wait for the close to confirm it has held above the level rather than jumping in the moment it breaks through.
With leveraged trading, first consider whether you can withstand the worst-case scenario, then think about what the indicators are saying.
#Q
This is just my personal perspective and may not be accurate. Please use caution.