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### Understanding Spot and Resistance in Trading

In trading, **spot** refers to the current market price at which an asset can be bought or sold for immediate delivery. It is a crucial reference point for traders, reflecting the most recent market sentiment. The spot price is influenced by various factors, including supply and demand, economic indicators, geopolitical events, and market speculation.

**Resistance**, on the other hand, is a technical analysis concept that indicates a price level where an asset faces significant selling pressure. At this level, the asset's price tends to stop rising and may even reverse its direction. Traders often use resistance levels to identify potential selling opportunities or to place stop-loss orders to manage risk.

Resistance levels are established through historical price data, where the price has consistently struggled to move above a certain point. The more times an asset fails to break through a resistance level, the stronger that resistance becomes. Conversely, if the price breaks through resistance, it can lead to significant upward momentum, as traders who were waiting on the sidelines may rush to buy, pushing the price even higher.

By understanding spot prices and resistance levels, traders can make more informed decisions, improving their chances of success in the markets.#LowestCPI2021 #BinanceLaunchpoolTON #MarketDownturn #SahmRule #BlackRockETHOptions