$PUMP broke through the 0.004 level.
Folks, where do key price levels come from? Let me explain in a few words.
Support is a price range where prices have repeatedly found a floor while falling. Resistance is a price range where prices have repeatedly failed to rise further.
Volatility often increases around these levels. If you’re using leverage, leave yourself more room here—if your stop-loss is too close to a round number, it can get triggered in an instant.
Keep enough margin for your futures positions. Don’t let a single wick wipe out your trade.
You’re responsible for your own risk. I’m just sharing my thoughts.
Folks, where do key price levels come from? Let me explain in a few words.
Support is a price range where prices have repeatedly found a floor while falling. Resistance is a price range where prices have repeatedly failed to rise further.
Volatility often increases around these levels. If you’re using leverage, leave yourself more room here—if your stop-loss is too close to a round number, it can get triggered in an instant.
Keep enough margin for your futures positions. Don’t let a single wick wipe out your trade.
You’re responsible for your own risk. I’m just sharing my thoughts.