If you don’t understand support and resistance, you’re not really trading — you’re just guessing. These two zones are the backbone of every chart you’ll ever read. They decide where price reacts, pauses, or reverses.
So what are they?
Support is a level where price tends to stop falling and bounces back up.
Think of it like a floor — when the market hits it, buyers step in and push the price higher.
Resistance is the opposite. It’s the ceiling — where the price stops rising and sellers overpower buyers, causing a drop.
Once broken, these levels often switch roles — support becomes resistance and vice versa. This is key to identifying breakout opportunities.
Traders on Binance and other major exchanges rely on these zones to set smart entries, exits, and stop-losses.
How to Mark Them:
Use higher timeframes (1D, 4H) to spot major zones.
Look for multiple touches at the same price level.
Combine with volume and wicks for precision.
Avoid drawing 100 lines. Focus on zones, not laser-thin lines.
Why It Matters:
Support & resistance is used by every smart trader and every institutional algo. It helps you:
Buy near support (cheaper prices)
Sell near resistance (maximize profits)
Avoid fakeouts and sudden dumps
It’s not about predicting the market — it’s about reacting with discipline.
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