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Spot and Resistance in Trading

Spot price and resistance levels are key concepts in trading that help traders make informed decisions.

The spot price refers to the current market price at which a particular asset can be bought or sold for immediate delivery. It reflects the real-time value of an asset, influenced by supply and demand, geopolitical events, economic data, and market sentiment. For traders, the spot price serves as a benchmark, providing a basis for evaluating future trends and price movements.

Resistance refers to a price level at which an asset historically struggles to break through due to a concentration of selling interest. As prices approach this level, selling pressure often increases, preventing the asset from moving higher. Resistance levels can be identified through technical analysis, often by examining past price patterns and

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