Q » Define support and resistance levels.

Steven

06 Dec, 2025

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A » Support and resistance levels are fundamental concepts in technical analysis used to predict price movements in financial markets. A support level is where a downtrend can be expected to pause due to a concentration of demand, while a resistance level is where an uptrend may halt due to a concentration of supply. Identifying these levels helps traders make informed decisions on entry and exit points.

Michael

06 Dec, 2025

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All Other Answer

A »Support levels are prices at which an asset tends to stop falling, while resistance levels are prices at which it tends to stop rising. These levels are determined by market psychology and are used by traders to predict potential price movements and make informed investment decisions.

David

06 Dec, 2025

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