📚 Trading Tip — Support & Resistance Made Simple
Support = the “floor” where price often bounces.
Resistance = the “ceiling” where price often struggles.
🔑 Key idea:
• When price breaks above resistance, that level can turn into new support.
• When price breaks below support, that level can flip into resistance.
👀 Why it matters:
Mastering this helps you spot entries, avoid traps, and ride trends with confidence.
💡 My take:
Keep it simple — focus on major levels, don’t overcomplicate your chart.
The market respects clean support/resistance more than any fancy indicator.
#learn2earn #tradingtips #CryptoEducation💡🚀 #BinanceSquareFamily #Altcoins👀🚀
Support = the “floor” where price often bounces.
Resistance = the “ceiling” where price often struggles.
🔑 Key idea:
• When price breaks above resistance, that level can turn into new support.
• When price breaks below support, that level can flip into resistance.
👀 Why it matters:
Mastering this helps you spot entries, avoid traps, and ride trends with confidence.
💡 My take:
Keep it simple — focus on major levels, don’t overcomplicate your chart.
The market respects clean support/resistance more than any fancy indicator.
#learn2earn #tradingtips #CryptoEducation💡🚀 #BinanceSquareFamily #Altcoins👀🚀
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
112,546.07
-1.19%