#交易分析101 Support and Resistance Levels: Key Trading Points

Support levels are the levels where the price may stop falling, while resistance levels are where the price may face obstacles when rising. In the Binance candlestick chart, these points often appear in areas of historical price concentration. For example, if BTC/USDT rebounds multiple times at $30,000, this may indicate a support level. After identifying these points, buying or selling strategies can be set accordingly. Beginners can use Binance's 'Line Tool' to mark these points while practicing, gradually developing their market sense.