#AmericanBitcoin发布会 Support and Resistance Levels: Key Trading Points

Support level is the price level where a decline may stop, while resistance level is the price level where an increase may face obstacles. 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 could be a support level. After identifying these points, buying or selling strategies can be set accordingly. Beginners can use Binance's 'drawing tool' to mark these levels during practice, gradually developing their market sense.