A range-bound market is one in which price bounces in between a specific high price and a low price.
The high price acts as a major resistance level in which price can’t seem to break through.
Likewise, the low price acts as a major support level in which price can’t seem to break as well.
The high price acts as a major resistance level in which price can’t seem to break through.
Likewise, the low price acts as a major support level in which price can’t seem to break as well.
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