SUPPORT AND RESISTANCE ARE AREAS, NOT GUARANTEES 🎯

Traders often use support to describe an area where buying has previously appeared, and resistance for an area where selling has emerged. These levels can help organize a plan, but Bitcoin can break through either one without warning. Avoid treating a line on a chart as proof of what comes next. Consider the timeframe, volume, broader market conditions, and what would invalidate your idea. Plan your downside before entry instead of deciding under pressure after the price starts moving.

Do you mark support and resistance before entering a spot trade?

$BTC #TechnicalAnalysis #bitcoin