$BMT fell below the 0.025 level; the current price is 0.02503.
The round-number level itself has no particular significance, but limit orders, stop-losses, and psychological expectations tend to cluster around it, so the tug-of-war between bulls and bears is often intense.
It has now been pushed back above 0.025, so there may be an attempt to lure bears in.
The round-number level itself has no particular significance, but limit orders, stop-losses, and psychological expectations tend to cluster around it, so the tug-of-war between bulls and bears is often intense.
It has now been pushed back above 0.025, so there may be an attempt to lure bears in.
