📈 Master Resistance & Rebound Trading
🛑 Resistance: A price ceiling where selling pressure is strong.
🔄 Rebound: Price hits resistance, fails to break out, and reverses.
🧠 Trading Plan:
* Identify Resistance: Look for historical price ceilings.
* Wait for Rejection: Confirm with wicks, low volume, or bearish candles.
* Short: Enter near resistance, stop just above.
* Profit: Exit at the next support level.
🎯 Example: BTC/USDT repeatedly testing $60K and then rejecting it is a strong short setup.
💡 Tip: If resistance breaks and retests, it can become new support – consider a breakout trade!
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