Support & Resistance Explained Like a Street Market đïžđč
Happy Sunday! Letâs make support and resistance simple.
Think of the market like a street market:
Support = floor â buyers step in, price bounces up
Resistance = ceiling â sellers push back, price drops
Price often moves between these levels.
The more times price touches a level, the stronger it becomes.
Breakouts? â ïž Exciting but risky:
Support breaks â price can fall fast
Resistance breaks â price can rise fast
đĄ Tip: Round numbers matter psychologically ($30k, $50k BTC).
đĄ Stronger levels appear on higher timeframes.
đĄ Combine with candlesticks, liquidity & market structure for smarter trades.
Support & resistance = foundation of technical analysis.
Master it â plan entries, exits & stops like a pro.
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