# SupportResistance

SIMPLE RETEST – One of the Most Powerful Trading Concepts 📈
Price doesn’t move straight up.
First it breaks resistance, then it comes back to test it — this is called a retest.
🔹 Resistance ➝ becomes Support
🔹 Weak sellers get trapped
🔹 Strong buyers step in
🔹 Result: Strong move up
👉 Best entry is often after the retest, not the breakout.
Keep it simple.
Trade with structure, not emotions.
👍 Like | 💬 Comment | 🔁 Share
Follow for more easy & practical trading lessons
#SimpleRetest #PriceAction #SupportResistance #TradingEducation #SmartTrading $BTC $GT $XRP

🔍 Why BTC Is Continuing Down (Short Is Running)
Bearish Macro Sentiment:
Risk assets are under pressure as capital rotates toward safer assets (e.g., gold and premium bonds). Weak market sentiment in the U.S. has added selling pressure on Bitcoin.
Loss of Key Support Levels:
Bitcoin briefly dipped to levels last seen in late 2024, breaking short-term support zones such as $78,000–$76,000. These levels have flipped from support into resistance, fueling continued short activity.
Technical Downtrend Structure:
Technical indicators and regression models suggest BTC is below its “fair value” lin