Support & Resistance
Technische AnalysePrice levels where buying (support) or selling (resistance) pressure has historically reversed price — a broken level often flips roles.
Support is a price level where buying pressure has historically been strong enough to stop or reverse a decline, and resistance is a level where selling pressure has historically stopped or reversed an advance. Once broken, a support or resistance level often flips to play the opposite role — old resistance becomes new support, and vice versa.
Support and resistance are among the most foundational tools in technical analysis, underpinning breakout trading, range trading, and most chart-pattern analysis.
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