Support and resistance
Zones where price has turned in the past: support is a level where buyers dominate below, resistance one where sellers dominate above. They can switch roles when broken.
Support/resistance is a zone, not a single line; how many times it has been tested, its volume and its timeframe decide its importance. Broken resistance acting as support (role reversal) is one of the most-used entry logics.
Because everyone sees the same level, stops pile up right behind it; so price pushes a bit past the level and comes back (liquidity sweep). Putting your stop a "reasonable" distance behind the level accounts for this behavior.
Related terms
Where it appears in the guides
Guides whose text uses this term; most frequent first.
- Destek ve direnç: bölge mantığıTechnical analysis
- Hacim ve hacim profili temelleriTechnical analysis
- TradingView: grafik kurulumu ve uyarılarPlatforms & tools
- Açık pozisyon (open interest) ve fonlama verisiOrder flow & market microstructure
- Broker seçerken 10 kriterBrokers
- Footprint grafikleri: delta, imbalance ve absorptionOrder flow & market microstructure