Understanding Support & Resistance 🔍📉📈
Support and resistance are key market areas:
🟢Support: where price tends to stop falling 🔴Resistance: where price tends to stop rising
These levels do not guarantee reversal, but they help identify important zones.
Observing price reaction around these areas improves decision-making and avoids emotional trades.
Higher-timeframe levels are usually more reliable ⏫.
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