$BMT breaks through the 0.02 mark.
Let’s use this figure to talk about key price levels.
The longer it’s been since the price last reached this level, the more the distribution of positions around it may have changed. Past support and resistance levels may no longer hold.
When the price returns to a level after many days, people who entered around that level may break even and exit, or add to their positions, often making trading more active.
Extreme readings often come with larger swings. This is a time to reduce your position, not make a large bet.
#BMT
Let’s use this figure to talk about key price levels.
The longer it’s been since the price last reached this level, the more the distribution of positions around it may have changed. Past support and resistance levels may no longer hold.
When the price returns to a level after many days, people who entered around that level may break even and exit, or add to their positions, often making trading more active.
Extreme readings often come with larger swings. This is a time to reduce your position, not make a large bet.
#BMT