understanding of support and resistance

hello everyone hopes everyone is doing great
here in this post, I am going to share my concept of support and resistance what does its actual meaning and how someone can use these two things in order to get a better entry and exit in a trade.
Support is the thing that prevents the price from dropping, such as when a price is falling and then reverses the trend and starts going higher. Resistance, on the other hand, is the thing that prevents the price from increasing.
The following image clearly portrays help and resistance in a simple and understandable manner.
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how support and resistance can help us
Price frequently goes on to the next level of support or resistance after breaking through a level of support or resistance. Support and resistance thresholds are usually a zone that covers a small range of prices, allowing them to be broken or pierced, without actually breaking. As a result, support/resistance levels help in the detection of possible price pivot points.
conclusion points
Support and resistance thresholds are used by technical analysts to distinguish price points on a chart where the odds favor a trend pause or reversal.
When a downtrend is supposed to pause due to a concentration of demand, support exists.
Due to a concentration of supply, resistance occurs when an uptrend is supposed to stop momentarily.
Traders and investors use market psychology to remember the past and respond to changing circumstances in order to predict future market movement.
Trendlines and moving averages can be used to identify support and resistance areas on charts.
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