Does it drop every time I enter the market❓

Why does the bottom I buy always seem to be halfway up the mountain❓

Does it take off right after clearing the position❓

Friend A is watching as the price has surged past the 4-hour line, then quickly turns down for a correction, unable to hold back from entering immediately. 'Wait, give it a little time to see if it can approach 3#80'

This is about watching this important point — if it breaks, don’t buy; if it keeps oscillating sideways but there’s a force pushing it up, then it’s time to position yourself. Next, let’s discuss how to find important support/resistance levels in detail.

Keep watching, hope this helps you

How to trade through resistance and support levels

Look at historical prices:

The highest and lowest points previously reached should be remembered, as these places often become future support or resistance levels.

Look at the moving averages:

For example, the 5-day and 10-day moving averages, if the price is above these lines, they act as support; if the price is below, they act as resistance. Look at gaps: Imagine you are selling apples in the market, and suddenly someone offers a high price to buy all your apples, leaving none for sale. At this point, anyone wanting to buy apples has to offer a higher price, creating a price gap. Gaps usually indicate a strong change in market sentiment, which could signal the start of a rise or a fall. If the stock price is above the gap, it acts like a safety cushion, making it hard to fall back; if the stock price is below the gap, it acts like an obstacle, making it hard to rise.

$BNB

Trading volume:

Trading volume is like the number of people buying and selling apples in the market. If the volume is high, it indicates many people are trading apples, making this price point quite important, potentially a support or resistance level. If the position is high and the volume is large, it suggests many are selling, which could be a resistance level; if the position is low and the volume is large, it suggests many are buying, which could be a support level.

Overall, support and resistance levels act like signposts in the cryptocurrency market, helping you better understand potential changes in direction. While there are no 100% accurate guides, mastering this basic knowledge can make CC and friends more confident and composed on the investment path👌

㊗️ Wishing you a skyrocketing 2025! Make it rain!