$BNB A sideways market occurs when an asset's price moves within a horizontal range, showing no clear upward or downward trend. This typically reflects market indecision, where supply and demand are relatively balanced. Prices bounce between support and resistance levels, forming a consolidation phase. Traders often use strategies like range trading, buying near support and selling near resistance. Sideways markets can be frustrating for trend-following investors but offer opportunities for short-term trades. Indicators like RSI, Bollinger Bands, and volume analysis can help identify entry and exit points. Eventually, the market breaks out in one direction, starting a new trend.
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