Technical Definition
Support
Support is a price level where buying pressure prevents price from falling further.
By Crypto University Editorial
ResistanceBreakoutTrend
✦ Key Insight
It helps identify entry points and risk levels.
✕ Common Misconceptions
Assuming support will always hold
Not using stop losses
Detailed Explanation
How It Works
Price hits support → buyers step in
FAQs
Q: Can support break?
Yes, leading to downtrends.
In Practice
“BTC repeatedly holds at $60,000”