eonefx
New member
Support and resistance levels are price areas where the market historically pauses, reverses, or consolidates due to concentrated buying or selling activity.
Support represents a price level where demand tends to prevent further decline. Resistance represents a price level where supply tends to cap further upside.
Support and resistance levels reflect collective trader behavior, institutional positioning, and liquidity concentration. These levels remain relevant across all timeframes, from intraday scalping to long-term position trading.
Support represents a price level where demand tends to prevent further decline. Resistance represents a price level where supply tends to cap further upside.
Support and resistance levels reflect collective trader behavior, institutional positioning, and liquidity concentration. These levels remain relevant across all timeframes, from intraday scalping to long-term position trading.