$FARTCOIN broke through the 0.09 level.
Let’s use this data to talk about round-number levels.
A large number of stop-loss orders tend to cluster around these levels. Once the price breaks through, those stops are triggered all at once, and volatility can spike.
When the price returns to a level after several days, traders who entered around that price may close their positions to break even or add to them, so trading activity often becomes more concentrated.
Make sure your contract positions have enough margin, so a single wick doesn’t wipe them out.
#FARTCOIN
Let’s use this data to talk about round-number levels.
A large number of stop-loss orders tend to cluster around these levels. Once the price breaks through, those stops are triggered all at once, and volatility can spike.
When the price returns to a level after several days, traders who entered around that price may close their positions to break even or add to them, so trading activity often becomes more concentrated.
Make sure your contract positions have enough margin, so a single wick doesn’t wipe them out.
#FARTCOIN
