Most support and resistance level...
Most support and resistance levels are not levels, they are zones of emotion

Breaking News To Trading Moves by Shirish Agarwal

Episode notes

Many traders draw one horizontal line and expect the market to respect it perfectly. But price rarely reacts to one exact number. It reacts to areas where traders remember fear, hope, regret and pain.

That is why support and resistance should be treated as emotional zones, not perfect lines.

A support zone is not just where buyers appeared before. It is where short sellers may cover, dip buyers may step in, trapped traders may defend old entries, and nervous holders may decide whether to stay or exit. A resistance zone is not just a ceiling. It is where early longs take profit, trapped buyers try to escape, short sellers test weakness, and breakout traders get tempted into chasing.

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