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Resistance Level
Technical AnalysisA specific price where historical selling pressure has repeatedly prevented further advance. Resistance levels are identified from prior swing highs, round numbers, or areas of heavy prior trading volume.
Related Terms
Resistance
A price level where selling pressure tends to overcome buying pressure, causing the price to stall or reverse downward.
Support Level
A specific price where historical buying pressure has repeatedly prevented further decline.
Breakout
When price moves above a resistance level or below a support level with increased volume.