🔢 $ARIA loses the 0.12 level.
[Term explained] Where do key price levels come from?
A large number of stop-loss orders usually cluster around key levels. If the price breaks through one, those stops can be triggered all at once, often causing volatility to spike.
Many people use key levels as anchors for managing their positions: which side of a level to enter on and where to set a stop-loss is more practical than trying to predict whether prices will rise or fall.
Leave more room when using leverage—don’t let one sudden move wipe out your position.
#ARIA
[Term explained] Where do key price levels come from?
A large number of stop-loss orders usually cluster around key levels. If the price breaks through one, those stops can be triggered all at once, often causing volatility to spike.
Many people use key levels as anchors for managing their positions: which side of a level to enter on and where to set a stop-loss is more practical than trying to predict whether prices will rise or fall.
Leave more room when using leverage—don’t let one sudden move wipe out your position.
#ARIA