Psychological Level

Round numbers (1.1000, BTC 100k) where human orders naturally cluster.

Related terms

PullbackA temporary counter-move within a trend — the market breathing in before the next leg.
P&LProfit & Loss. Unrealized while open ("paper"), realized once closed.
Perpetual (Perp)A crypto futures contract with no expiry, tethered to spot by the funding rate.
Pin BarA candle that's mostly wick — a violent rejection. Powerful at key zones, noise elsewhere.
PipThe standard forex price unit — EURUSD 1.0850 → 1.0851 = 1 pip (4th decimal).
PMIPurchasing Managers' Index — business sentiment; above 50 = expansion, below = contraction.

Terms stick when you use them. The Money Circle academy walks you through them step by step.