📚 Crypto Tip 101: Understanding Support & Resistance Levels

Ever wonder why prices bounce at certain points or get stuck under a ceiling?

Here’s a simple breakdown:

🔽 Support = The Floor A price level where buying pressure tends to stop the asset from falling further. Think of it as the safety net — when prices hit this zone, buyers often step in.

🔼 Resistance = The Ceiling A level where selling pressure tends to stop the asset from rising. It’s like a price “ceiling” — the market struggles to break through unless momentum builds.

🔍 Why It Matters: Traders use support & resistance to: ✅ Time entries & exits ✅ Set stop-loss & profi t targets ✅ Confi rm trends or reversals

💡 Quick Tip: The more times a level is tested and holds, the stronger it becomes. But if it breaks — watch out! Momentum can swing hard. ⚠️

👇Ever traded a bounce or breakout? Tell us your experience!

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