#币安理财收益竞技场 Support and Resistance Levels: Key Points for Trading

Support level is the price level where a decline may stop, while resistance level is the price level where an increase may be hindered. In the Binance candlestick chart, these points often appear in areas of historical price concentration. For example, if BTC/USDT bounces multiple times at $30,000, this may be a support level. Once these points are identified, 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.