Support
a.k.a. Support level
The trampoline under the price. It keeps bouncing until one day it rips.
In plain English
A price level where falling prices tend to stop and bounce, because buyers keep stepping in there.
Support is a floor on the chart: a zone where price has dropped to and rebounded from before. Buyers see value there, so they pile in.
Floors are not permanent. When price smashes through support, that old floor often turns into a ceiling, or resistance. Think of support as a zone, not a razor-thin line.
Don’t be that stickman
Treating support as a guarantee and buying blindly every time price touches it.
Keep this word for good
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