Support
Price zone where demand tends to stop or reverse a downtrend.
Beginner-friendly explanation
A support is a price level where the market tends to stop falling. It’s often a point where many buyers appear, pushing the price back up.
Example:
Bitcoin drops to €25,000, but many buyers step in. The price bounces — €25,000 is a support level.
Intermediate-level insight
Support forms when an asset bounces several times at the same level. It becomes a key technical reference for traders. It can be horizontal or trend-aligned (uptrend line).
Example:
ETH has bounced three times around $1,600 over several days. That level becomes a key technical support.
Advanced perspective
Support is a liquidity zone where buy orders cluster. It can be reinforced by technical elements like moving averages, Fibonacci levels, or volume clusters. A broken support can turn into resistance.
Example:
BTC forms a support at $29,000, confirmed by the 50-day moving average and 0.618 Fibonacci retracement. It bounces with strong volume.
Markets & Order Types
support, bounce, buy zone, key level, trend, trendline, Fibonacci, moving average, volume