đ„ Why does price keep bouncing from some levels and getting rejected at others?
The answer starts with Support & Resistance.
â Support: A price zone where buying pressure can slow down or stop further downside.
â Resistance: A price zone where selling pressure can make it difficult for price to move higher.
đ How to Use Them:
âą Look for potential buys around support.
âą Watch resistance for rejection or profit-taking.
âą Wait for confirmation before entering a trade.
â ïž Risk Management
Never risk more than you can afford to lose. Always use a proper stop-loss.
đĄ Remember:
Support and resistance are zones, not exact price points.
Practice makes a man perfect.
Mark Support and Resistance Levels at 4H timeframes on these coins đđ»
$BTC
$ETH
$SOL
The answer starts with Support & Resistance.
â Support: A price zone where buying pressure can slow down or stop further downside.
â Resistance: A price zone where selling pressure can make it difficult for price to move higher.
đ How to Use Them:
âą Look for potential buys around support.
âą Watch resistance for rejection or profit-taking.
âą Wait for confirmation before entering a trade.
â ïž Risk Management
Never risk more than you can afford to lose. Always use a proper stop-loss.
đĄ Remember:
Support and resistance are zones, not exact price points.
Practice makes a man perfect.
Mark Support and Resistance Levels at 4H timeframes on these coins đđ»
$BTC
$ETH
$SOL
