What is the support level!???

Support is a level below which the price usually does not fall. Think of it as a price floor. If the price falls to this level, it often bounces back up. This happens because at this level many people want to buy, and this keeps the price from falling further. For example, if Bitcoin does not fall below $30,000 and often bounces back from this amount, then $30,000 is a support level. But if the price still falls lower, it may mean that demand has decreased and the price may go even lower. Knowing the support level is useful for understanding when it is better to buy or sell an asset. But you need to remember that the level of support does not always work.

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