🔼 When price rises but can't move past a certain level, that's called resistance.
🔽 When price falls but keeps bouncing back, that’s known as support.
🔁 When price moves between these two levels, it’s called a rangebound market.
💥 Breakout Explained:
Breaks Above Resistance? → Buyers jump in — it signals bullish momentum.
Breaks Below Support? → Sellers take action — it signals bearish pressure.
🔄 Retest Matters:
After a breakout, if price returns to the breakout level and then resumes in the same direction, it confirms the move. This is called a retest confirmation — a smarter and safer entry point.
⚠️ Pro Tip:
Avoid jumping in too early. Many traders get caught in fake breakouts. Be patient — wait for the confirmation!
📌 Learn smart. Trade smart. Follow for more trading insights.
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