Support and Resistance Indicators
**Support and Resistance Indicators** are technical analysis tools used to identify price levels on a chart where an asset tends to pause or reverse. **Support levels** indicate where a price may stop falling and start rising due to increased buying interest. **Resistance levels** show where a price may stop rising and start falling due to increased selling pressure. These indicators help traders recognize potential entry and exit points, manage risk, and understand market sentiment. Common tools include trendlines, moving averages, pivot points, and horizontal price zones derived from past price action.