A
resistance level refers to a specific price at which an asset, like a stock or cryptocurrency, often struggles to move beyond. It acts like a barrier that prevents the price from going higher.
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«resistance»
«level»
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Phrases with «resistance level»
Sentences with «resistance level»
- Additionally, it is important to note that several of the broad - based indexes are at or nearing key resistance levels on their daily charts. (morpheustrading.com)
- A break past the near - term resistance could see the price move past the major resistance level at $ 1,300 for the second time. (fxstreet.com)
- The reaction at the major resistance level of $ 600 will determine the fate of the current bull run. (itbit.com)
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