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**Spot & Resistance: Key Concepts in Technical Analysis**
In technical analysis, "spot" and "resistance" are fundamental concepts for understanding market dynamics.
**Spot** typically refers to the current market price or the level where a trader identifies an opportunity to enter or exit a trade. It’s often used to determine the best price point for buying or selling assets. Traders look for these "spots" by analyzing price charts, trends, and various indicators.#LowestCPI2021 #MarketDownturn #Babylon_Mainnet_Launch #runecoin
**Spot & Resistance: Key Concepts in Technical Analysis**
In technical analysis, "spot" and "resistance" are fundamental concepts for understanding market dynamics.
**Spot** typically refers to the current market price or the level where a trader identifies an opportunity to enter or exit a trade. It’s often used to determine the best price point for buying or selling assets. Traders look for these "spots" by analyzing price charts, trends, and various indicators.#LowestCPI2021 #MarketDownturn #Babylon_Mainnet_Launch #runecoin