$BEAMX breaks through the 0.0045 mark.
Let’s use this number to talk about key psychological levels.
Even among key levels, the larger the number, the more attention it usually attracts. For example, major milestones like round tens of thousands or hundreds of thousands tend to draw more attention than ordinary round numbers.
When the price repeatedly crosses above and below a key level, both bulls and bears can easily get shaken out. It may be better to keep positions small until the direction becomes clear.
Leave plenty of room when using leverage, and don’t let a sudden sharp move wipe out your position.