Support is a price zone where buying has repeatedly stepped in; resistance is a zone where selling has. They are areas, not exact lines, and their strength comes from the number of independent factors pointing at them. When a support breaks it often flips into resistance, and vice versa — known as role reversal.
This term belongs to Charting & method. See how it fits the bigger picture in The Method, part of the free DEGEN ACADEMY — or watch it play out on the live terminal.
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FAQ
What is Support and resistance?
Support is a price zone where buying has repeatedly stepped in; resistance is a zone where selling has. They are areas, not exact lines, and their strength comes from the number of independent factors pointing at them. When a support breaks it often flips into resistance, and vice versa — known as role reversal.