$AVA breaks through the 0.4 level.
When I first got into this space, I didn’t understand why everyone watched round-number levels. Over time, I came to understand: those levels aren’t magical in themselves. It’s because everyone is watching them and placing orders nearby, so price tends to react more noticeably when it gets there.
Don’t chase a trade at the most volatile moment. Wait for the price movement to play out, then take a look.
Just my personal perspective—it may not be accurate, so take it with a grain of salt.
When I first got into this space, I didn’t understand why everyone watched round-number levels. Over time, I came to understand: those levels aren’t magical in themselves. It’s because everyone is watching them and placing orders nearby, so price tends to react more noticeably when it gets there.
Don’t chase a trade at the most volatile moment. Wait for the price movement to play out, then take a look.
Just my personal perspective—it may not be accurate, so take it with a grain of salt.