$MAGMA ｜Lost the 0.35 level
Before looking at your position, first understand round-number levels.
Even among round-number levels, the more rounded the number, the more people tend to watch it. Major milestones such as 10,000 or 100,000 attract more attention than ordinary round numbers.
Round-number levels mean different things for different coins: major coins’ key round-number levels attract more attention, while round-number levels for smaller coins are often much less useful as reference points.
Leave more margin for leveraged positions, so a sudden sharp move doesn’t wipe out your position.
Markets involve risk. Exercise caution when entering.
Before looking at your position, first understand round-number levels.
Even among round-number levels, the more rounded the number, the more people tend to watch it. Major milestones such as 10,000 or 100,000 attract more attention than ordinary round numbers.
Round-number levels mean different things for different coins: major coins’ key round-number levels attract more attention, while round-number levels for smaller coins are often much less useful as reference points.
Leave more margin for leveraged positions, so a sudden sharp move doesn’t wipe out your position.
Markets involve risk. Exercise caution when entering.