📈 Day 18 — Support & Resistance (Trading Basics)

Support & Resistance are the most important price levels in trading.

🟢 Support

A price zone where buyers step in.

Price often stops falling or bounces up from here.

👉 Think: “Buyers defend this level.”

🔴 Resistance

A price zone where sellers step in.

Price often stops rising or pulls back from here.

👉 Think: “Sellers defend this level.”

🔁 Key Trading Rule

Break above resistance → resistance becomes new support

Break below support → support becomes new resistance

🎯 Why It Matters

Better entries & exits

Clear stop-loss placement

Avoid buying tops & selling bottoms

❓ Quick Question:

Do you already mark support & resistance on your charts?

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