#meme币狂欢 Support and Resistance Levels: Key Trading Points

Support level is the level where the price may stop falling, and resistance level is where the price may face obstacles when rising. In the Binance candlestick chart, these points often appear in areas of historical price concentration. For example, if BTC/USDT repeatedly bounces at $30,000, this may be a support level. After identifying these points, buying or selling strategies can be set accordingly. Beginners can practice using Binance's 'Line Drawing Tool' to mark these points and gradually develop their market sense.