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<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 15px 0;">Support and resistance are important concepts in technical analysis that help traders and investors identify levels at which the price of a security is likely to encounter buying or selling pressure.</p>
 
<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 15px 0;">Here's a breakdown of support and resistance.</p>
 
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<h3 style="color: #28a745; font-size: 16px; margin: 10px 0; font-weight: bold;">Support</h3>
<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 10px 0;">Support refers to a price level at which the demand for a security is strong enough to prevent further price declines. It is a level where buyers are more inclined to enter the market and outweigh selling pressure. When the price approaches or reaches a support level, it tends to bounce off or reverse direction, creating a floor for the price.</p>
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<h3 style="color: #dc3545; font-size: 16px; margin: 10px 0; font-weight: bold;">Resistance</h3>
<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 10px 0;">Resistance, on the other hand, is a price level at which the supply of a security exceeds the demand, preventing further price increases. It is a level where sellers are more inclined to enter the market, overpowering buying pressure. When the price approaches or reaches a resistance level, it tends to stall or reverse direction, creating a ceiling for the price.</p>
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<h3 style="color: #333; font-size: 16px; margin: 10px 0; font-weight: bold;">How to identify Support and Resistance?</h3>
<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 10px 0;">Support and resistance levels can be identified using various methods, such as chart patterns, trendlines, moving averages, or previous price highs and lows. These levels are often considered psychological barriers, as they represent areas where market participants have shown interest in buying (support) or selling (resistance) in the past.</p>
 
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<p style="color: #666; font-size: 14px; line-height: 1.8; margin: 0;">Support and resistance levels are more significant when they are confirmed by other technical analysis tools, such as volume analysis, chart patterns, or technical indicators. Confirmation adds strength to the levels and increases the likelihood of price reactions at those levels.</p>
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