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Resistance Level Definition

A resistance level is a price point where an asset has historically struggled to rise above, often due to increased selling interest.

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What is a Resistance Level?

Once broken, a resistance level can often act as a new support level.

Resistance levels are widely used in technical analysis to anticipate potential turning points.

Example of Resistance Level

A stock that has repeatedly failed to close above $100 over several months has $100 as a key resistance level.

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