🐋 $BMT broke through the 0.025 level.
A lot of orders tend to cluster around key levels, so let’s first talk about why they matter.
Common ways to judge whether a breakdown is valid include: closing on the other side of the level, failing to reclaim it on a retest, and a spike in trading volume as the price breaks through.
Extreme data is usually accompanied by greater volatility. In such cases, it’s better to reduce leverage rather than increase it.
A lot of orders tend to cluster around key levels, so let’s first talk about why they matter.
Common ways to judge whether a breakdown is valid include: closing on the other side of the level, failing to reclaim it on a retest, and a spike in trading volume as the price breaks through.
Extreme data is usually accompanied by greater volatility. In such cases, it’s better to reduce leverage rather than increase it.
