🚨 $MEW breaks through the 0.0005 level!
Hold on—understand round-number levels before you act👇
Previous highs and lows are among the most commonly used reference points. The memory of price failing to rise or finding support there last time can influence buying and selling when it returns.
Volatility can increase near these levels. When trading with leverage, allow more room—if your stop-loss is too close to a round number, it can get triggered in a quick sweep.
Keep ample margin for leveraged positions. Don’t let a single wick wipe you out.
Hold on—understand round-number levels before you act👇
Previous highs and lows are among the most commonly used reference points. The memory of price failing to rise or finding support there last time can influence buying and selling when it returns.
Volatility can increase near these levels. When trading with leverage, allow more room—if your stop-loss is too close to a round number, it can get triggered in a quick sweep.
Keep ample margin for leveraged positions. Don’t let a single wick wipe you out.