In real time: What are supports and resistances?

A support; It is a level where the price tends to stop falling and bounce upwards, as buyers enter the market.

A resistance; It is a level where the price tends to stop rising and retreat; at first just a little since sellers dominate.

Analogy: Think of "the support" as the "floor" that holds the price and "the resistance" as the "ceiling" that blocks it.

Practical example: If Bitcoin repeatedly falls to $94,808.8 and then rises, $94,828.8 is a support. If the price repeatedly rises to $98,008.8 and does not surpass it, $98,008.8 for an estimated period is a resistance. Likewise, if it falls back down and stops for an estimated period near $95,787.7, it is another support that may yield to seek another support floor.

$BTC.

#Binance.

Important: ... . Look on the chart where prices have stopped several times, and those will be the "supports" and "resistances".