🎓 Support/Resistance

S/R are formed by Limit Orders that are accumulated in a specific price area.
Here, the $48K is resisting as Sell Orders need to be "absorbed" for the price to move to the $50K.

👉 The more  S/R is tested, the weaker it becomes

   https://t.co/FH51KTEcGE https://t.co/AvdgytoTll