$BR breaks through the 0.5 level.
A question every beginner asks: how should you think about support and resistance?
There are often plenty of stop-loss orders around these levels. Once the price breaks through, those stops are triggered all at once, and volatility can quickly spike.
Round-number levels mean different things for different coins: more people watch key round-number levels for major coins, while round numbers tend to matter much less for small-cap coins.
Extreme data usually comes with bigger swings. That’s when you should reduce leverage, not add to it.
#BR
Personal notes. Make your own decisions about buying and selling.
A question every beginner asks: how should you think about support and resistance?
There are often plenty of stop-loss orders around these levels. Once the price breaks through, those stops are triggered all at once, and volatility can quickly spike.
Round-number levels mean different things for different coins: more people watch key round-number levels for major coins, while round numbers tend to matter much less for small-cap coins.
Extreme data usually comes with bigger swings. That’s when you should reduce leverage, not add to it.
#BR
Personal notes. Make your own decisions about buying and selling.