what is support and resistance ?

# **What is Support and Resistance?**

**Support and Resistance** are key price levels where buying or selling pressure is strong, influencing price movement.

## **1️⃣ Understanding Support & Resistance**
✅ **Support:** A price level where demand is strong, preventing further decline.
✅ **Resistance:** A price level where supply is strong, preventing further rise.

## **2️⃣ How to Use Them in Trading**
✅ **Breakout Trading:** Price breaking resistance → **Buy**, breaking support → **Sell**.
✅ **Reversal Trading:** Price bouncing off support → **Buy**, rejecting resistance → **Sell**.
✅ **Multiple Tests Strengthen Levels:** The more a level is tested, the stronger it becomes.

### **Conclusion**
Support and Resistance help traders **identify entry-exit points, stop-loss levels, and trend reversals**, making them crucial for market analysis. 🚀