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2025-10-29 12:43
IndustryThe Power of Support and Resistance Levels
#StrategyTips
Support and resistance levels are the backbone of technical trading. Support acts as a floor where buyers step in, while resistance serves as a ceiling where sellers take control. These zones reveal where price is likely to pause, reverse, or break through. Identifying them early helps traders plan precise entries and exits. The more times price reacts to a level, the stronger that zone becomes. Combine support and resistance with candlestick confirmation or volume analysis for accuracy. Trading around these levels allows for better risk management, tighter stop-loss placement, and higher probability setups in any market condition.
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The Power of Support and Resistance Levels
#StrategyTips
Support and resistance levels are the backbone of technical trading. Support acts as a floor where buyers step in, while resistance serves as a ceiling where sellers take control. These zones reveal where price is likely to pause, reverse, or break through. Identifying them early helps traders plan precise entries and exits. The more times price reacts to a level, the stronger that zone becomes. Combine support and resistance with candlestick confirmation or volume analysis for accuracy. Trading around these levels allows for better risk management, tighter stop-loss placement, and higher probability setups in any market condition.
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