Support and resistance are psychological price levels where buyers or sellers react.
Support: Area where buyers step in
Resistance: Area where sellers step in
These levels form because traders remember prices. When price returns to these areas, reactions often repeat.
You don’t need indicators to draw support and resistance. Just look at:
Previous lows
Previous highs
Areas with strong reactions
The more times a level is tested, the stronger it becomes.
Professional traders use support and resistance to:
Plan entries
Set stop losses
Take profits logically
👉 Price remembers levels — learn to read them.