$BNB ｜Above the 750 level
Why do round-number levels matter? There are often many stop-loss orders clustered around them. Once the price crosses a level, those stops can be triggered all at once, often causing volatility to spike.
Many traders use these levels as an anchor for position sizing: deciding which side of the level to trade on and where to place a stop-loss is more practical than trying to predict direction.
Sizing positions based on the distance to the stop-loss is much more reliable than guessing.
#BNB
Why do round-number levels matter? There are often many stop-loss orders clustered around them. Once the price crosses a level, those stops can be triggered all at once, often causing volatility to spike.
Many traders use these levels as an anchor for position sizing: deciding which side of the level to trade on and where to place a stop-loss is more practical than trying to predict direction.
Sizing positions based on the distance to the stop-loss is much more reliable than guessing.
#BNB