Support & Resistance are The Market’s Invisible Walls
In trading, Support is like the floor, a price level where buyers tend to step in and push the market up.
Resistance is like the ceiling, a price level where sellers step in and push the market down.
You might be thinking that why it matters? Good Question 😀
Because: It
👉 Helps identify entry points (buy near support)
👉 Helps set targets (sell near resistance)
👉 Works for crypto, stocks, forex (basically any market)
Example:
If BTC is bouncing between $118,000 (support) and $114,000 (resistance), a trader may buy near $114K and take profit near $118K.
Combine it with Stop Loss to protect yourself if the market breaks through these levels.
#CryptoTradingTips DYOR | Not a Financial Advice