$PERP /USDT

Spot and resistance levels are key concepts in trading, particularly in technical analysis. A spot price refers to the current market price at which an asset can be bought or sold for immediate delivery. It reflects real-time market conditions and fluctuates based on supply and demand dynamics. Traders often look at spot prices to gauge the current state of the market and make informed decisions on entering or exiting trades.

Resistance levels, on the other hand, represent price points where an asset struggles to move above. It acts as a psychological or technical barrier where selling pressure tends to overpower buying pressure, causing the price to stall or reverse. Traders use resistance levels to predict potential turning points and to set sell or stop-loss orders.

Spot prices are crucial for short-term traders who capitalize on minute price movements, while resistance levels are important for those aiming to predict where price momentum may weaken. By combining the analysis of spot prices with resistance, traders can better time their trades and manage risks. Knowing these levels allows for more strategic positioning in the market, helping traders maximize potential returns while minimizing losses.

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