Trading dictionary1 results
Trading terms
Look up market language before opening a lesson or reviewing a chart.
Look up market language before opening a lesson or reviewing a chart.
Support is a price area where buyers previously stepped in strongly enough to slow, pause, or reverse a decline. It should be treated as a zone, not a magic exact line. Traders study how price reacts there, whether buyers return, and whether the level breaks with strong selling.
Example: If BTC falls near 60,000 several times and each visit creates a strong bounce, that area may be support. A learner should watch the next visit carefully: a weak bounce may show demand is fading, while a strong break below the zone can turn old support into possible resistance later.