Understanding support and resistance is key to making informed trading decisions. Let's take $SYN as a live example, currently trading at $0.2645 with a 24h volume of $51M. Notice how the price has bounced off the $0.24 support level, gaining +54.6% in 24h. This is a classic example of a support level holding, and the subsequent price surge. But what happens when a support level breaks? Can you think of a scenario where a broken support level becomes a new resistance level? $SYN, we post every algo signal's REAL result openly and the full live track record + a free preview channel are in our bio/profile.