#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? 🤔