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YASIN ARAFAT MAHEN
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YASIN ARAFAT MAHEN
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#SupportAndResistance #TechnicalAnalysis #CryptoTrading #BinanceWriteToEarn Support and Resistance are the backbone of technical analysis—they show where price is likely to stop, bounce, or reverse. 📌 Support = A price level where demand is strong enough to stop the price from falling. 📌 Resistance = A price level where selling pressure prevents the price from rising. ✅ How traders use them: Buy near support → Higher probability of bounce. Sell near resistance → Price often struggles to break higher. Breakouts → When price breaks through S/R, it may start a new trend. 💡 Tip: Support and Resistance are stronger when confirmed by high volume or multiple touches. Do you trade breakouts or prefer to play safe within support & resistance zones? 🤔
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