$BULLA fell below the 0.04 level, the first time it has been here in 69 days.
While we're on the subject, let's talk about whole-number levels.
There are often plenty of stop-loss orders clustered near these levels. Once the price crosses one, those stops can be triggered all at once, often causing volatility to spike suddenly.
The level itself doesn't determine whether prices rise or fall. It's more like an area where buyers and sellers clash intensely—the outcome is decided by trading activity.
Reading indicators is easy; the hard part is sticking to your plan when the market is at its most volatile.
While we're on the subject, let's talk about whole-number levels.
There are often plenty of stop-loss orders clustered near these levels. Once the price crosses one, those stops can be triggered all at once, often causing volatility to spike suddenly.
The level itself doesn't determine whether prices rise or fall. It's more like an area where buyers and sellers clash intensely—the outcome is decided by trading activity.
Reading indicators is easy; the hard part is sticking to your plan when the market is at its most volatile.