Spotting rejections at Support and Resistance levels can make all the difference in your trading strategy. These pivotal points often signal where price reversals can occur, creating prime opportunities for savvy traders.
When the price hits a resistance area, it may struggle to break above and could fall back. Conversely, a support area often sees the price bouncing back up due to renewed buying interest.
Understanding these dynamics can help you make informed decisions on entry and exit points, maximizing your trading potential. Stay ahead with Binance and turn these key levels into your advantage!
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