📚 Mastering Support & Resistance in Crypto Trading 🧠
Want to level up your trading game? Let’s break down support and resistance.
- Support
is where buyers swoop in to stop a price drop—like BTC bouncing at $95,000 multiple times.
-Resistance
is where sellers push back, like BTC struggling at $105,000.
How to Spot Them: Check your chart for price levels where the action stalls or reverses. Use these to set your entries, exits, and stop-losses.
Pro tip: If support breaks, it can flip to resistance, and vice versa.
Got any charting tricks up your sleeve? Share your tips below,