Definition
Resistance forms where sellers have shown up before, often at previous highs or round numbers. The more times a level holds, the more traders watch it.
Watch out for
Levels are zones rather than exact prices, and any level can break.
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A price area where selling has repeatedly stopped a rise.
Resistance forms where sellers have shown up before, often at previous highs or round numbers. The more times a level holds, the more traders watch it.
Levels are zones rather than exact prices, and any level can break.
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