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Very basic understanding of support and resistance areas (2 min)
NIO
, 120Education
NIO: Very basic understanding of support and resistance areas (2 min)
02:14

In trading, support and resistance are key concepts that help traders analyze price movements and make informed decisions. Here's a basic explanation: Support: Definition: Support is a price level at which a financial instrument (like a stock, currency pair, or commodity) tends to stop falling and may even bounce back up due to buyers. Analogy: Think of support...

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