Whether you trade cryptocurrencies, forex, commodities, options, or stocks, support and resistance levels form the basis of most technical analysis chart patterns. It is the most important and legitimate quantity and price indicator. There is no one, very accurate, no lag, the price is at a certain level
〰️〰️🚨🚨🚨〰️〰️🚨🚨🚨〰️〰️Price doesn't know if it should be overbought or oversold and turns in the opposite direction, which by the way is where indicators can go astray. People have been fascinated by technical indicators for years, and in fact most trading platforms are filled with them