🔁 SUPPORT & RESISTANCE — THE BACKBONE OF TECHNICAL TRADING!

Understanding Support and Resistance is crucial if you want to trade like a pro. These levels act as psychological battlegrounds between buyers and sellers — and mastering them can give you the edge you need.

📌 What is Resistance?

Resistance is a price level where selling pressure tends to be stronger than buying. It’s where uptrends slow down or reverse because traders start locking in profits. Think of it as a ceiling — price struggles to break above.

Example: If $BTC keeps failing to move past $48,000, that’s strong resistance.

📌 What is Support?

Support is the opposite — a price level where buyers defend the zone, causing price to bounce back up. It’s like a floor that price hits but doesn’t easily break through.

Example: If price falls near $38,000 and bounces multiple times, that's a support level.

🧠 Why It Matters:

✅ Helps in identifying entry & exit zones

✅ Defines risk management areas (Stop Loss / Take Profit)

✅ Confirms trend strength or weakness

✅ Works across all timeframes

📊 When support breaks, it often becomes resistance — and vice versa.

💡 Pro Tip: Don’t blindly trade support/resistance. Always confirm with volume, trendlines, or candlestick patterns.

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