【Trading Cognition Class, A Brief Discussion on Support and Resistance (Must-See for Retail Investors)】

Most investors naively believe that support and resistance are specific points; the reality is that support and resistance levels are determined based on actual market conditions, not a specific location! It is more appropriate to express them as zones; because the upper and lower shadows will always fluctuate and interfere with your judgment. Of course, support and resistance can only be used as a reference; if you encounter false breaks, traps for longs or shorts, etc., using support and resistance may lead to devastating losses in your account. $BTC