🐋 $XPIN broke through the 0.0008 level.
A lot of orders tend to cluster around round-number levels, so let’s first talk about why key price levels can matter.
Even among round-number levels, the larger the number, the more people tend to watch it. For example, major levels like 10,000 or 100,000 tend to attract more attention than ordinary round numbers.
The point of understanding an indicator is to avoid being misled by a single number—not to use it to pinpoint market tops and bottoms.
#XPIN
A lot of orders tend to cluster around round-number levels, so let’s first talk about why key price levels can matter.
Even among round-number levels, the larger the number, the more people tend to watch it. For example, major levels like 10,000 or 100,000 tend to attract more attention than ordinary round numbers.
The point of understanding an indicator is to avoid being misled by a single number—not to use it to pinpoint market tops and bottoms.
#XPIN
