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Resistance level

A price where sellers keep stopping the advance.

Resistance is a level where advances have already stalled: a seller was there to meet demand. Like support it is a zone rather than a line. Every new reaction confirms it, while a decisive break flips its role — former resistance often holds price from above on the pullback. Touching a level is not a signal in itself; the reaction to it is.

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Resistance level — what it means in trading — VVozny.com