#金狗势不可挡 Support and Resistance Levels: Key Trading Points

Support is the level where the price may stop falling, while resistance is the level 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 rebounds at $30,000, this may indicate a support level. Once these points are identified, buying or selling strategies can be set accordingly. Beginners can use Binance's 'drawing tool' to mark these levels while practicing, gradually developing their market sense.