Support & Resistance📈
Support is a price level where a downtrend pauses due to demand. It’s where buyers step in.
Resistance is where an uptrend halts due to selling pressure sellers dominate here.
These levels act like price barriers, often leading to reversals or breakouts.
Traders use them to plan entries, exits, and stop-loss placements.
Break of support or resistance signals a potential trend continuation or reversal.
