#BNBChain爆发 Support and Resistance Levels: Key Trading Points

Support levels are the price levels where a decline may stop, while resistance levels are where an increase may be hindered. 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 be a support level. Once these points are identified, buying or selling strategies can be set accordingly. Beginners can use Binance's 'line drawing tool' to mark these points and gradually develop their market sense.