What Is Support & Resistance in Crypto Trading?

Want to know when to buy or sell in crypto? Understanding Support and Resistance is key! 🔑

Support 🟢 = A price level where buyers step in and the price tends to stop falling.
Resistance 🔴 = A level where sellers step in and the price tends to stop rising.

These levels help you:
✔️ Spot entry/exit points
✔️ Set stop-loss or take-profit levels
✔️ Avoid emotional decisions during market moves

Pro Tip: Support and resistance aren’t fixed—they can change with time and market behavior. Always confirm them using volume and recent price action.

Learn more here: Binance Academy – Support & Resistance

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