📊 Support & Resistance Explained! 🎯
These are the 2 most important levels every trader must know:
💡 What is it?
Support 🟢 = A level where buying pressure is strong enough to STOP the price from falling. Price often bounces up.
Resistance 🔴 = A level where selling pressure is strong enough to STOP the price from rising. Price often reverses down.
📍 Key Points to Remember:
✅ They are ZONES, not exact prices
✅ Levels CAN be broken. Then Support becomes Resistance & vice versa 🔄
✅ Work in BOTH directions
✅ More effective with candle pattern + volume confirmation
Why it matters: This is where price has a tendency to STOP, REVERSE, or REACT. It's where the battle between buyers & sellers happens ⚔️
Save this cheat sheet! 🔖
Learn | Practice | Trade Smarter
#Trading #Crypto #SupportAndResistance #PriceAction #FaisalHasnain
These are the 2 most important levels every trader must know:
💡 What is it?
Support 🟢 = A level where buying pressure is strong enough to STOP the price from falling. Price often bounces up.
Resistance 🔴 = A level where selling pressure is strong enough to STOP the price from rising. Price often reverses down.
📍 Key Points to Remember:
✅ They are ZONES, not exact prices
✅ Levels CAN be broken. Then Support becomes Resistance & vice versa 🔄
✅ Work in BOTH directions
✅ More effective with candle pattern + volume confirmation
Why it matters: This is where price has a tendency to STOP, REVERSE, or REACT. It's where the battle between buyers & sellers happens ⚔️
Save this cheat sheet! 🔖
Learn | Practice | Trade Smarter
#Trading #Crypto #SupportAndResistance #PriceAction #FaisalHasnain
