Let’s simplify it:
📍 Support = Floor:
When price keeps bouncing up from a level — that’s support.
📍 Resistance = Ceiling:
When price keeps getting rejected at a level — that’s resistance.
🌀 If price is stuck between both, it’s ranging — just moving sideways.
🔥 So, What’s a Breakout?
✅ Breaks Above Resistance = Bulls are in control → Buy signal
✅ Breaks Below Support = Bears take over → Sell signal
But here’s the golden rule 🧠:
👉 Don’t FOMO into a breakout instantly.
✅ Wait for a retest — if the price comes back to the breakout zone and then bounces again, that’s your confirmation.
💡 Pro Tip:
Most fakeouts happen when traders rush in without confirmation.
Patience = Profit.
📈 Master this and you’ll avoid 80% of beginner mistakes.
🔔 Follow me for more beginner-friendly trading tips.
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